The USDJPY's Weekly chart is showing signs of a potential Head and Shoulders formation.
While engaging directly on the weekly chart might be considered risky, what if we use a Combo Trade Management strategy?
There's a Bearish Shark Pattern on the Daily chart, and we might witness a formation of a
Bearish Deep Gartley Pattern on the 1-hourly chart, providing...
It seems EURUSD presents an interesting scenario—a Weaker Bull trading setup on the Weekly Chart contrasting with a bearish trend on the Daily Chart.
Your focus is on the Bearish Deep Gartley Pattern on the 1-hourly chart, providing a precise entry point and the potential for significant profits.
Trade plans can vary based on individual analyses and risk...
Traders who missed out on the previous shorting opportunity may have a second chance at hand with the potential setup of Type2 Bearish Shark and Type2 Bearish Deep Gartley pattern in the market.
However, it is important to note that one of the downsides of Type2 setup is its unpredictability, and it may not always work.
To mitigate the risk, it is crucial to...
147.42 is the level of the Bearish Deep Gartley Pattern completion point. It is excellent for counter-trend traders to wait for a shorting opportunity at that level.
Trend Traders and Trend Continuation Traders could wait for a buying opportunity once the market touches the trendline and doesn't close below the trendline or the support level.
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.
