Potential Bullish Shark On EURJPY 1hr Timeframe. Reward to risk of over 2:1 Will need to monitor how it reacts as it approaches support at around 131.97
Hey guys, Today I am looking at Silver, with a bullish shark formation on the 4 hour time frame. Normally for this pattern I would feel more comfortable if the B point was at least 0.382, but the level of support at the PRZ is very strong. The support is holding as high as the weekly timeframe, which is why I am feeling drawn to this trade. Shark Ratios are as...
Good afternoon guys. Doing some generic charting today, I am looking at this bullish shark pattern. This pattern is a long way away from hitting, but will be a good buy for some position traders if price hits the expected PRZ. The PRZ is aligned with strong support on the weekly and monthly time frames. There will also be potential for this pattern to turn into...
Here we have a potential Bullish Shark pattern on the hour graph. The prince seems to have already touched the PRZ but we may see a retest and then for it to move upwards. Will keep updated as i see fit.
Bullish SHark ON EURCHF 4hr timeframe: RSI Is in oversold position as well
A bullish shark pattern is about to complete. R:R at 3.8. Good luck.
NZDCHF - Daily, Potential Bullish Shark Pattern
Hello, Traders! Today, we have GREAT structure forming on GOLD! Here, we have a bullish shark and a bearish 5-0 pattern. I personally, LOVE these set ups... GOLDEN RATIO X2! Price has temporarily retraced at a support & resistance zone, which is also X point, but the down trend continues. With these types of set up, we ALWAYS look for the DOUBLE PLAY: 1. BUY...
A potential shark pattern is completing after the FOMC. PRZ is at a good support level. RSI is reaching oversold level. Very good R:R at 2.3 (TP1) and 4.1 (TP2). I will update if pattern completes.
Hi Guys, Here we have the USDCAD Daily. Price is currently heading towards 'D' point for a huge potential bullish bat with a target of 1000 pips! I will not be entering long until price hits 'D' point and I get additional confirmation of a reversal. Do let me know of any questions or comments below. Thank You Victoria
I'm slightly late for this pattern, for those who spotted it last week should be enjoying some profits now. For those who have not, you may want to wait for price to retest at 1.26129. This is a weekly chart, try to use daily and H4 time frame for better trade execution. R:R at 1.5 (TP1) and 3.1 (TP2).
Pattern finished. Possible rebound. Stoploss: 87.15 Takeprofit: 87.95
Hello traders,as we can see we have a nice oppurtinity to involve on a long trade on USDCAD on daily frame. TECHNICAL POINTS 1.As we can see we have a bullish Shark pattern completion soon. 2.We have bullish RSI divergence as price makes lower lows but RSI not. 3.Stochastics are in oversold levels. 4.200EMA has a slightly positive slope which is favoring long...
Hey, We have spotted a bullish shark on USDJPY 0.01% pair. Trade levels highlighted on chart. Trade with Care Gulz.
It appears that a bullish shark has formed on GJ and I plan to take this pattern as an opportunity to go long. If you have any questions feel free to comment. I know it's a little late since it appears the pattern has completed but I was just checking my charts when I noticed this move. My entry is 143.795 My conservative TP is at 144.550 SL: 143.550 R/R:...
Hello traders, here we have a bullish shark pattern and bearish 5-0 pattern on the 4h timeframe with XAG/USD. Price is currently completing the C point of the bearish 5-0 at the minimum 1.618 level which aligns with a valid bullish shark, although it could drop further before making a move towards the PRZ. The measurements for a valid 5-0 pattern are detailed...