GBPUSD is currently indicating a Weaker Bull Trend . Here are potential strategies for different trading approaches: Trend Traders : Waiting for a Bullish 5-0 Pattern on the 4-hourly chart at 1.2334 might align with your strategy as it complements the ongoing bullish trend. Counter-Trend Traders : For those seeking a counter-trend opportunity, a shorting...
In addition to the Bearish 5-0 I pointed out before on a previous chart, the ZARJPY has also formed a Potential Bearish Head and Shoulders that is visible on timeframes even as high as the monthly with Bearish Divergence on the MACD and RSI. If The Carry Trade truly is to be dissolved, the ZARJPY should be among the currency pairs that are most severely affected,...
This is second recap on EU🔥 if this breakout tends to be fake breakout, then we expect a downward push small and then we go Higher 📈 TRADE WITH CAUTION 🎉 #ANALYSIS
LMT, after Double Topping at the PCZ of a Bearish Deep Crab, has decided to attempt to finish off this bearish range with a Bearish 5-0, if successful, we could see LMT push significantly below $400.
It looks like a Diamond pattern. with previous daily chart that shows it is looks like accumulation phase, with 4th step in 1-5 pattern ,, It's most likely to go UP .. waiting for break-up.
USOIL has recently retraced to the 0.382 from the PCZ of a Bearish Shark, but now it's looking to try and hold the 200 SMA and the 38.2-0.50% zone with Hidden Bullish PPO Divergence and an impending PPO Bullish Confirmation. If it does hold here, it could confirm a Potential Bullish 5-0 and if this 5-0 plays out, I think it could take USOIL above $100 and likely...
The star trade of the week. I'm currently waiting for a shorting opportunity on the bearish shark pattern off the weekly chart. Trading off the weekly chart directly would send my initial risk through the roof. While we could always reduce our trading size when trading off the higher timeframe, it doesn't make sense to me. I'll be waiting for a bearish 5-0...
Hello traders. I see 5-0 pattern and BAT pattern on USDCAD H1 chart. TARGET 1.34113 STOP 1.35652 Good luck everybody.
Back in December 2021, ADBE gave us a Bearish ABCD entry that led us into a Shark BAMM Pattern. Once it made it to the BAMM target, it bounced back up to where it is now. The interesting thing is that the PPO is looking like it's ready to roll over, and it happens to be at what would be a Potential Bearish 5-0 entry. If the PPO crosses below the upper extremes, we...
Hi BTC is maybe in a wide range until this end of year. Looking for these nested Patterns : Down to Bullish Shark around 20.4K Up to Bearish 5-0 around 25.5K Down to Bullish Gartley around 18.5K Gl in your trades
💰 Celebrating two great wins on WTI in June! But let me clarify, I'm not chasing streaks—I focus on proper setups. Let's dive into the current situation for WTI, aka US Oil. 📈 The market is testing the support line on the weekly chart. While some traders see it as strong support and anticipate buying opportunities, multiple retests increase the likelihood of a...
LUNC if Breaking Below the 89 Day EMA while showing MACD Bearish Divergence on the Daily after Two very weak Attempted Rallies towards the PCZ of a Potential Bearish 5-0 and now it looks to recover the gaps below the sub one-ten-thousandths level. I thimnk it Could go as low as 47 Millionths but i will mostly be targetting the zone between 72-55-millionths
For the longest time, I've been saying that the correlations between the currency pairs have been weakened. Traders have asked me why I have NZDJPY and NZDUSD in my portfolio. Doesn't it move in the same direction? Over the years, these correlated pairs move pretty differently. And recently, the WTI and Gold have no longer moved in an inverse relationship. So...
Hi I'm long since 25K. I'm looking for this bearish pattern (5-0) for more consolidation till end of year. If price hit level of 42K, i will close my long and go short to target 32K / 25.5K / 21K I hope many sh....-coins will sink to clean the market
ANY looks to be springging off an also support level that aligns with the 1.618 Fibonacci Extension of a Log Scale Bullish Shark while at the same time the RSI seems to be shifting it's momentum into the Bullish Control Zone; Hold these levels long Enough and it could rise up to the 50% Retrace up at around 2 dollars.
Overall Analysis on EURUSD is still on a Bearish Move; however, this week, I expect a substantial pullback(bullish movement on the EURUSD off the lower timeframe. If you are looking for a buying opportunity, wait for the Bullish 5-0 Pattern to be completed as early as 1.0723.
This could be interesting! If you are looking to short, you have a Bearish Shark Pattern that has completed at 174.50, you could wait for a pull back off the lower timeframe, like the 15-minutes chart or the 8-range bar chart for a shorting opportunity. Alternatively, you could wait for a buying opportunity on the 5-0pattern a 100pips later at 173.50. Which...