Shark
Bullish Shark at Support Line with MACD Bullish DivergenceFrom the looks of it AXS would like to see one more bounce before it resumes it's Bearish Trend. I suspect close to a 50% Retrace of the Prior Highs before an Ultimate Reversal back to the downside.
For now the trade is Bullish and Profit Taking Targets range from 80 dollars to just over 100 dollars.
USDJPY-Weekly Market Analysis-Mar22,Wk1Congratulation if you have caught the Bearish Deep Gartley Pattern that completed at X, that would have brought you 175pips of profit .
If you have missed that, the USDJPY has a Bearish Shark Pattern completed at 115.75 on the 4hourly chart. It seems that you have just missed the trade, but don't fluster. In most cases, you can expect a retest on the Shark Pattern before it reach its countertrend trading setup, the infamous 5-0pattern.
GBPUSD-Weekly Market Analysis-Feb22,Wk4A Bullish Shark Pattern trading opportunity present itself at 1.3567 for a trend trading opportunity within the Bullish Flag consolidation zone within the 4-hourly chart.
If you have saw last week video, you would have spotted the trading setup and capture the 116pips(1,160USD) move.
If you missed it, no worries, wait for a 3bar reversal on the 1hourly chart after the Shark Pattern has formed.
Do note that the Shark Pattern can have up to 3 entry zone and a True Shark Pattern trader should have all 3 tries.
EURUSD-Weekly Market Analysis-Feb22,Wk4If you had caught the Bullish Shark Pattern and Bearish 5-0Pattern congratulation to you. That's 100pips on each movement, which totals to 200pips(2,000USD/lot traded) if you traded both of them.
Some traders do trade Type2 Pattern, if that's you there will be 1 that is showing up, the Shark Pattern on the 4-hourly chart soon.
However, if that's not for you, there is a Bullish Gartley Pattern that is complete on the 1-hourly chart in the same region.
BAR formed bullish Shark | A good long opportunityHi dear friends, hope you are well and welcome to the new update on FC Barcelona Fan Token (BAR) with Bitcoin pair.
4-hr time frame chart, BAR has formed a bullish harmonic Shark pattern.
Potential Shark Forming 🦈🦈NAS100 - Looking for a pullback/imbalance fill before a continuation to the downside wiping the liquidity and completing this shark pattern.
The D point is landing in a very nice looking PRZ
Let me know your thoughts!
* Disclaimer **
These ideas I never trade until the end target with my initial lots, I focused on high probable entries with higher lots and use a specific partial taking strategy giving me a very high win rate and take most of my profits very early, I only leave a small % of my capital to run the entire trade. On the flip side im constantly monitoring LTF momentum and will close early if things change, these analysis's are for research purposes only.
KSM/USDT-1D-BINANCE (Bullish Shark)This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info
how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody...
i can help you :) all for free, don't worry, BE HAPPY!
Banknifty for 15 Feb 2022Banknifty had a similar setup like nifty50,
open with a gap, saw follow-up sell-off, closed near its low, forming big bear candle.
Similarly, this big bear candle would act as a resistance for any bounce to come.
There are two harmonic patterns probability on the chart
1. Bat Pattern - Currently the price is trading near the Bat pattern prz zone, and chances are that we might see some bounce from here, as of now it looks like this pattern might act as a retracement pattern because the overall structure is sell on rise.
However if 36700 breaks decisively, the next support I see is around 34600-34500.
Immediate resistance is at 37400- 37460