Probably a trade that has a 20:1 Reward: Risk trading setup. On the 1-hourly chart, we have a Bullish Gartley Pattern that comes inline with our 4-hourly chart, the Bullish Shark Pattern retest and on the Weekly Chart, the Bullish 5-0 Patterns. If I stretch the final target to the Weekly Chart completion, the returns would be stunning, but this trade could take...
A 711pips of profits could be yours if you join our Weekly Wednesday LIVE Streaming Session on TradingView. Should you ask me my view on EURJPY and choose to engage the Bullish Deep Gartley Pattern at 138.17? What happens next could be of better use to you, a Potential Bearish Flag Pattern trading setup. There are 2 ways I would engage it. The first way is...
The Bullish Wedge pattern has shown a retest and respected the previous trendline. It is a good sign for traders who are looking for a buying opportunity. Traders who are looking for buying opportunity might need additional confirmation, well, if you look right, the Type2 Bullish Bat Pattern provides you with the information that you need.
After a decent bullish type 1 reaction the SPX has come back down to the zone and looks to be showing moderate exaustion. If we can get that MACD to cross and the RSI to curl out of the oversold region we could very well see the SPX stage a rally before the end of this week or at the start of next week. That should take it to the true target of atleast $4120 or higher.
If you have missed the Bearish ABCD Pattern, you would have missed 258pips of profits. One of two ways you can do this is to wait for the market retest at 1.7979 and ensure an RSI Divergence with a 3-bar reversal before engaging the trade.
A Type2 Bullish Shark Pattern setup with RSI Divergence on AUDUSD off the 4hourly chart. What is nice on this setup is the long tail candle on the 1hourly chart on the left that got me interest to engage the AUDUSD trade.
Focus on these 2 arrows, and it might bring you the opportunity to capture the 187pips of potential profits. A Type2 Bullish Shark Pattern(Grey) is what happens. If the Shark Patterns got violated, I will be waiting for the Deep Bullish Gartley Pattern to engage for a buying opportunity.
OMG! I was doing a qualifying call, and I might have missed the trade! And this is why I don't usually trade off the 15-minutes chart. From my experience, this trade is gone, but a retest on 128.98 happens; it is a great second-chance entry. 2 Economic Data to take note On 18Jan23(GMT+8) Tentative(usually before 3pm) JPY - BOJ Outlook Report JPY - Monetary...
A Potential Bullish Flag Pattern is what I'm expecting on the NZDUSD pattern setup. I'm waiting for a retest at 0.6342, which gives me a buying opportunity on the lower timeframe using a Type2 Bullish Gartley Pattern.
Found that a valid Harmonic Pattern of Bearish Butterfly Type 2 Within Ascending Channel / Channel Up. Bearish Butterfly identified as Point X confluence within RSI oversold. Price retest / reverse at Type 1 within PRZ (orange) until Type 2. After Type 2, price able to hit TP1 @ 0.382 AD, then consolidate, it is advised to look under lower timeframe such as 15m...
The Overall Trend of EURUSD is a Bullish Trend. There are a couple of ways you can engage in this trade. Wait for market retest at 5-0Pattern at 1.0515 for a buying opportunity or a shorting opportunity at 1.0581 by using the Type2 Bearish Shark Pattern as a counter-trend trade that could form a combo trade with EURUSD Bearish Crab Pattern on the Daily Chart.
I'm waiting patiently and hopefully that GBPAUD pushes back down to 1.7500 before waiting for buying opportunity. With a glance you might see that the price is close to one another, but its not, it was 74pips apart!!
Finally, patience might just pay off. If the current candle closes as it is, there's a high chance for me to look for a shorting opportunity, once market open. What makes is better is a Bearish Crab Pattern materialised on the 1-hourly chart. Guess we can just wait and see.
GBPUSD has a completed Bearish Shark Pattern, which does not necessarily mean you have missed the trade. You could wait for a retest of the Shark Pattern at 1.1388
As you know, the Shark Pattern can move. That makes it the most dangerous harmonic patterns of all, but also the most rewarding ones.
Last week's video analysis I did talk about this Bearish Bat Pattern. If you have engage this trade, congratulation, you have gain close to 100pips of profits. Don't worry if you have not engage on this Bat Pattern, you can wait for a retest at 83.50. A retest Bat Pattern is also known as Type2 Pattern. Usually, the movement of such setup is more gentle than the...
EURJPY has a Bearish Bat setup. If you are waiting for a buying opportunity, you might just have the opportunity to long at around 136.87. This is possible because it is a legit support level. If you are waiting for a shorting opportunity, 137.56 is an excellent level to consider to engage the trade based on a Type2 Bearish Bat Pattern setup.
Trend Traders can wait for a Type2 Bearish Gartley Pattern that completes at 1.0570. Candlestick confirmation is important and preferably an RSI Divergence from the 1st peak.