Bearish Shark
BONEUSD: Bearish Shark with Bearish PPO ConfirmationWe have Double Confirmation on the PPO that this Bearish Shark Harmonic is active and along with that we have some Bearish Divergence on the MACD and PPO as the RSI Moves down below the 50 Line in an impulsive manner. This could lead to BONE going down 50-90% especially as Shibarium Disappoints.
BShort
Immediate Trading Opportunities AwaitDon't let Monday's reputation of slower market movement deceive you! This week, four immediate trading ideas present themselves right at the market's open. Many traders might overlook these due to the common notion that Monday trading is sluggish. Avoid this pitfall by conducting your analysis over the weekend. Stay ahead of the game and seize these trading prospects.
Canadian Dollar vs. Japanese Yen
Turning to the Canada Yen pair, the weekly chart shows a retest of the previous high, indicatin
Apple Inc. : Potential Harmonic; Bearish ConsolidationAAPL has been on the rise ever since it broke above the descending Bullish Dragon Trend Line and confirmed the middle of the Trading Range as support, but as it's risen, both the PPO and RSI have been consolidating tightly within the Overbought Zone which also aligns with the PCZ of a Bearish Deep Gartley on the PPO; just recently, price has hit the HOP level of a Potential Bearish Shark pattern. If we start to see the RSI and PPO come down sharply from the Overbought zones and closer to the 50
Euro-Dollar vs Pound-Dollar: Why Choose๐ If I had to choose between Euro-Dollar and Pound-Dollar, I'd trade both! However, let's focus on Pound-Dollar for now. On the weekly chart, it's still on a bullish continuation that started earlier than Euro-Dollar.
๐น Lower Timeframes: On lower timeframes, we have a buy zone and a counter-trend trading opportunity. This gives us various entry points for trading.
๐ Weekly Chart: The buy zone ranges from 1.2593 upwards. Daily Chart: A bullish gartley pattern has already formed, offering an imm
Bearish Shark Pattern with RSI Divergence๐ฆ๐ Bearish Shark Pattern with RSI Divergence ๐๐ฆ
Finally, the trade I've been patiently waiting for on EURJPY is here! ๐ This one calls for a shorting opportunity, treating it as a pullback trade, a retracement trade.
Now, it's time to keep a close eye on how the market reacts when it reaches our first target at 154.25. ๐ฏ If the market respects this level and chooses to rebound upwards, we have our answer. But if it bashes through the blue box, then we know there's a higher chance of hitting ou
Nasdaq on the Verge of Retracement
๐๐ Nasdaq on the Verge of Retracement - Bearish Shark Pattern & RSI Divergence Pointing Downward! ๐๐
I've spotted a Bearish Shark Pattern with RSI Divergence on the Nasdaq, signaling a potential retracement ahead. I've entered the trade with precise stops and targets in place. Let's keep a close eye on how it unfolds.
๐ If this trade turns out profitable, brace yourself, US stocks might be heading for a bearish ride that could last for weeks to months.
โ ๏ธ US Stocks Traders, get ready for pos
NShort
Sideway Consolidation, Perfect for Counter-Trend Traders!๐ If you're a trader seeking both buying and selling opportunities without worrying about trends, this one's for you! Australia-Canada is in a sideway consolidation, ideal for counter-trend traders who love buying low and selling high. ๐๐
๐ On the daily chart, observe the group of highs and lows. The four-hour chart heads towards previous supports, while the one-hour chart shows a new low, great for shorting.
๐ Weekly potential shark pattern at 0.8704, and daily shark pattern at 0.8728, hint a
QQQ: Looking Out for a 20-40% Pull BackThe NASDAQ100 is currently sitting at the 0.886 and 1.618 PCZs of big Bearish Shark and Bearish Butterfly patterns as the indicators hover around the overbought zones; we don't exactly have much confirmation yet that these PCZs will hold, but it seems like it wouldn't be a bad idea to position against the QQQ early on via some SQQQ monthly calls and perhaps getting Bearish on some of the top stocks within the index such as NVDA, TSLA, and MSFT.
Being conservative, I will only be looking for it
Aggressive Approach on USDCAD!Get ready for some action! The USDCAD trade is heating up, and here's why you should be excited! ๐ช
On the Weekly Chart, a key support level has been broken, signaling a potential trend reversal. ๐๐ซ This opens up an aggressive shorting opportunity for traders who thrive on bold moves! ๐๐ฅ
The Bearish Shark Pattern has formed at 1.3587, and all signs point to a potential bearish trend continuation. ๐ฆ๐ But remember, aggressive trading requires careful risk management! ๐ก๏ธ๐ผ
Should the market retrac
Major Counter-Trend Trade๐ Dive into my latest analysis on the related article and compare it with my previous week's analysis.
๐ Just like last week, we have identified the formation of a Bearish Shark Pattern. This pattern suggests a potential bearish movement in the market.
โ๏ธ For conservative traders, it's recommended to wait for a violation of the trendline on the 4-hourly chart. Once the trendline is violated, patiently wait for the retest before considering entering the trade.
Stay updated with my analysis as
Shorting Opportunity๐ Take Note! This week's market may experience a retracement, and my focus is on a potential shorting opportunity at the resistance level of 1.0987.
Stay tuned as we analyze the charts and identify the optimal entry points for profitable trades.
Let's navigate the retracement together and seize the right opportunities! ๐ช๐
Great Wins on WTI๐ฐ Celebrating two great wins on WTI in June! But let me clarify, I'm not chasing streaksโI focus on proper setups. Let's dive into the current situation for WTI, aka US Oil.
๐ 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 break. That's why my highest priority is shorting WTI and monitoring key levels.
โฐ On the 4-hourly chart, I'm cautious about shorting a
Aggressive Buying๐ Current Situation: No favourable buying opportunity on GBPUSD, but counter-trend trading possibilities exist.
๐ด Retest of Double Top: Watch for a retest of the double top pattern completing at 1.2745 on the 4-hourly chart. Traders eyeing a reversal will be attracted. #DoubleTopPattern
๐ฆ Bearish Shark Pattern: Keep an eye on the Bearish Shark Pattern completing at 1.2743. Short-savvy traders may join in. #SharkPattern
๐ฅ Market Reaction: As two trader groups converge at 1.2745, expect heighte
Shorting Opportunity๐๐ Current Market Overview:
I'm closely monitoring the EURUSD pair for a potential shorting opportunity on the higher timeframe. However, at the moment, two buying opportunities have emerged, which deserve our attention. Let's dive into the details:
๐ฆ Bullish Butterfly Pattern:
On the daily chart, we have identified a Bullish Butterfly Pattern with completion anticipated at 1.0355. This pattern suggests a potential buying opportunity, indicating a reversal in the price action. It's crucial to k
WTI H4, Bullish Shart RetestThe Bullish Shark Pattern has formed on the 4-hourly chart. It is a retest of entry; the setup looks legit, its potential returns tempt me
If you are interested in getting involved, the entry price is at
EP: $67.67(buffer $2.50)
ISL: $66.55($-1.12)
TP1: $70.31($2.64)2.35
TP2: $72.15($4.48)4
Do your own analysis, and do not follow blindly.
At 9.30pm(SGT), approx 6hours from posting, there's a lot 4 major Central Bank Gov. speaking.
BOJ, BOE, ECB President,Fed Chair
If the situation permits
EURGBP โ Formation of a pre-breakout consolidationFX:EURGBP a week earlier forms a break of the resistance of the descending price channel. A consolidation of 0.86000-0.85400 is forming. We see consolidation at the resistance. What to expect from the price?
Most likely, the price will continue to test resistance 0.86067. Pre-break consolidation is forming, which can be interpreted as another attempt of price exit from the range, followed by the strengthening of the currency pair.
Moving averages are beginning to narrow and if the conditio























