Shark

Syengene Forming Shark pattern (Bearish Mode)Syengene has formed bearish Shark pattern on weekly time frame 776 is an important support at 0.5 Fib. Immediate target at 776. If it closes below 776 on week candle, then rest target to follow and could go down more till 400. Target1 - 776 Target2 & 3 - 736 / 680 Target4 & 5 - 515 / 400

by NileshPrajapati85

DXY (US Dollar Index) Analysis Daily Timeframe DXY is currently sitting at a daily resistance level after a bullish run since last week. we anticipate a potential move to the downside as the index shows signs of weakening, by creating a Doji candlestick, which indicates market indecision. Remember: If the US Dollar Index turns bearish, EUR/USD and GBP/USD are likely to show bullish momentum. Let's take a closer look at these pairs for potential buy setups.

by OfficialUBKFX

ALGORAND ROCKET SHIP!!I believe Algorand has bottomed in the way of a bullish shark or cypher pattern. I've outlined entry and exit points. I have accumulated a crap ton of Algo. I just wanted to let you all know. Now you do what you want with this info. Good luck

by FreedomBuilder

It could be an Head & Shoulders instead It could be an Head & Shoulders instead of a Bullish Shark Pattern. Let's see.

Bullish Shark Pattern on NZDUSD M15 Chart I love trading sideways consolidation breakout trades, but since I missed the initial move, I've been patiently waiting for a retest. Now, an even better opportunity has presented itself! What's Happening? - Bullish Shark Pattern : A Bullish Shark Pattern is forming on the M15 (15-minute) chart at 0.6046 on the NZDUSD. Why is this Exciting? - Combo Trade Management : This setup allows for a combination of strategies that can significantly reduce initial risk while increasing potential returns. How to Approach This Trade? 1. Wait for Confirmation : I'll be waiting for a Magic Candle Confirmation at the pattern completion point before entering the trade. 2. Risk Management : Include our stop-loss buffer just below the pattern completion to manage risk effectively. 3. Potential Upside : With the pattern forming and the potential retest, this setup could offer a great risk-to-reward ratio. Final Thoughts Sometimes, missing an initial trade isn't a setback but an opportunity to find an even better setup. Patience pays off! 🎯 What’s your take on this NZDUSD setup? Have you spotted similar opportunities? Share your thoughts and let's discuss! Happy trading, everyone! 🚀

Hindustan unilever - double bottom Hindustan unilever bouncing from double bottom level which confluence with Shark harmonic pattern. Entry around 2700 SL if price closes below 2680 target 2770-2780.

EURUSD sell Eur vs Us dollar we expecting a pull back to Daily Resistance trendline and as we are putting our idea EUR vs US dollar having a bull run over to its trendline we are expecting a rejection from there and a Drop to its Support under lying Suppot level remember its a Bearish trend and following its technical data

NZDUSD 2-hour cycle level long NZDUSD 2-hour cycle level long Reason for Going Long:Harmonic Trading System (bullish shark form) +SMC order principle (bullish order block) + Trading Volume distribution + price trading behavior (bullish engulfment) = Go long NZDUSD 2-hour level cycle,current price around 0.61425,enter the long position directly,stop loss level at 0.61000. The first target is around 0.62420,halving the warehouse and promoting protection. Look around 0.63666 for the second target position,then halve the position and push for protection. Follow the tail position and reduce the position for protection.

by Jasmine-Flower

Say BYE To Sellers Bear. Say Hello To Buyers Bull .the detail is shown in the above Chart. I made this Idea based on Golden Level in Fibonacci tools together harmonic patterns . Say BYE To Sellers Bear. Say Hello to Buyers Bull riding the Golden Shark. Good Luck SEYED.

by UnknownUnicorn22680872

Bitcoin 20k **Bitcoin Shark** (Tune: Baby Shark) Bitcoin, doo doo doo doo doo doo Bitcoin, doo doo doo doo doo doo Bitcoin, doo doo doo doo doo doo Bitcoin Shark! Buy the dip, doo doo doo doo doo doo Buy the dip, doo doo doo doo doo doo Buy the dip, doo doo doo doo doo doo Bitcoin Shark! To the moon, doo doo doo doo doo doo To the moon, doo doo doo doo doo doo To the moon, doo doo doo doo doo doo Bitcoin Shark! HODL strong, doo doo doo doo doo doo HODL strong, doo doo doo doo doo doo HODL strong, doo doo doo doo doo doo Bitcoin Shark! Decentralized, doo doo doo doo doo doo Decentralized, doo doo doo doo doo doo Decentralized, doo doo doo doo doo doo Bitcoin Shark!

Major Top Forming on SPX Hello Everyone, a simple analysis of the RSI and current price action appear eerily similar to the 2022 peak. During the 2022 top we had financial experts and the media claiming victory stating that this bull market will continue, however we crashed soon after. Now the SPX is currently forming a topping process, this could be done or we could go a little higher before the bear market continues. It's clear that the SPX is making new highs while NDX and IWM fail to make a new high suggesting that this is the top. If this economy is doing so good, then why does the FED need to cut interest rates? The fed is cutting interest rates because we are either in a recession or we are very close to one. There is no such thing as a soft landing. The truth is we may already be in a recession and it wouldn't be declared until we are deep into one. If anything we are no longer going into a recession, we are going into a depression. Do not get lulled into a false sense of security like many others during the 2000 and 2008 top.

by justaturboman44

Gold Shark pattern. Sell from C to D. StopLoss: 2.632. Take profit: 2.555- 2.557. Risky.

Bitcoin Analysis==>>Bearish Harmonic Patterns==>>Crab & Shark Bitcoin moved as I expected in yesterday's post . Bitcoin is currently moving in the Resistance zone($60,080-$59,400) , near the Resistance lines and the 50_SMA(Daily) . It also seems that Bitcoin can potentially form the Bearish Crab Harmonic Pattern and Bearish Shark Harmonic Pattern . After breaking the small Support zone , I expect Bitcoin to attack the Support zone($58,000-$56,600) again. Note: We can expect more pumps if Bitcoin breaks the Resistance line (over $61,000). Bitcoin Analyze (BTCUSDT), 15-minute frame⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.

EURUSD strong bullish The pair have a strong bullish opportunity Because of : 1- Price rejected from FVG 2- Price range in flag patterns 3- shark Harmonic pattern So you can enter it now and use risk management for SL.

Bitcoin 4H tf. Shark pattern. Buy at D point, from 50.000- 51.000. Stoploss 48.800. Take profit 59.700.

BUY at zone - swing / intraday ENTRY - lines marked below is potential reversal zone ( PRZ) - entry is strictly inside the zone - look for buying confirmation in smaller time frame ( 15 minutes preferred ) EXIT 1. target - mark fib retracement from C to latest swing low - TGT 1 - 0.236 fib level ( intraday tgt) - TGT 2 - 0.382 fib level - TGT 3 - 0.5 fib level ( preferred target ) 2. SL - candle close below (PRZ) - if u didn't get confirmation inside the zone , ignore this pick - if candle close is below zone , this pattern becomes invalid . IGNORE THIS PICK - RE-ENTRY can be done , if u again get buying confirmation inside the zone

by rajeevmmails

IEX Bullish confirming Shark Pattern IEX has confirmed Shark harmonic pattern. Supporting to this, RSI & MACD both are in positive direction. Target1: 180/185, Target2: 200/210

by NileshPrajapati85

GBPUSD SHORT I'm currently participating in a trading competition, which is why I'm opening more trades than usual—these are not on my personal account. Typically, I only open one trade per day on my personal account, but only when my setup shows a high probability of confirmation. Trade Management: I've decided to open a short position because the price has been creating Fair Value Gaps (FVG) consecutively on the 5-minute chart, and it seems likely that it will seek liquidity in the lower zones. Additionally, there's a 4-hour FVG, which increases the probability of the price continuing to drop. However, once it reaches the sell-stop, I plan to take partial profits (70%). Risk: 1% Risk-Reward Ratio: 2.84

$COIN Proverbial Stock Chart, Must See!NASDAQ:COIN We extrapolate the COIN facts that we can foresee price growth in the over-splendid crypto arena, but today might not be one of the memorable. In-fact, it will be so boring for you today, that I created this funny, proverbial, metaphorical stock chart to depict, denote, and serve a connotation to your experience. We hope you enjoy this art. Trend analysis, price movement. simple!

Bitcoin Weekly Review August 25th - August 31st Two scenarios for Bitcoin. Both options will result in lower prices in the short term. However, one is bullish, the other is bearish: My view is that the correction period is not over. I am intellectually honest enough to entertain both options, but I must be truthful with myself and you: I don’t think the Bull’s time has come. TLDR: The bulls have a chance as long as the price is above 60.3K. 1. Bullish Scenario: According to this scenario, 49K was the end point of a wave 4 correction, and Bitcoin is about to complete wave 5. If this is the case, the target is between the 0.618 and 1:1 retracement. In numbers: 79.2K – 97.9K. Supporting evidence for the bullish scenario: A. HH on the daily TF. B. Bitcoin formed the cup of a Cup & Handle, which could lead to a breakout with a price target of 76.5K and the completion of the higher degree 5th wave. 2. Bearish Scenario: According to this scenario, Bitcoin is not done with the correction. Whether Bitcoin is a more extensive correction that will result in much lower prices or is still in wave 4 is irrelevant. Supporting Evidence for the Bearish Scenario: A. The PA has moved in three waves, ABC. A three-wave move is a corrective structure that continues the higher TF trend down. This is indicative of a shark harmonic with a target of 46.8K. B. The weekly TF structure is bearish and points to 45K. C. Bitcoin left wicks to the downside on the higher TFs. The daily week is between 49 - 54K. The weekly wick is between 59K and 58K. This kind of imbalance represents a liquidation opportunity for the MM. D. No accumulation period. A prolonged accumulation period at the lows must support any substantial price growth. A structure without a base is vulnerable. Validation and invalidation: A. Validation: Bitcoin consolidates above 60.3K, the cup and handle pattern is intact, and the bullish scenario is alive. B. Invalidation: Below 60.3K, the bullish case is unlikely. Below 56K, the bull case is indefensible.

by NewThoughtCrypto

Second Chance Shorting Opportunity on EURUSD If you’re looking for a second chance to short EURUSD, there’s a promising setup involving a Type 2 Bearish Shark Pattern with RSI Divergence. Let’s break it down. Current Overview: - Type 2 Bearish Shark Pattern: - What It Means: The first target has already been achieved. This provides clarity on the first target but might reduce participation since the initial group of traders who profited may not re-engage. - RSI Divergence: - Signal: This divergence adds another layer of confirmation, especially for traders who rely on resistance and RSI divergence as their entry signals. Strategy: - Second Chance Entry: This setup offers a second opportunity to short EURUSD, with the RSI divergence potentially attracting a new wave of traders. - Profit Factor: The strong profit factor in this trade is what drew me in, despite the potential for reduced participation from the initial group of sellers. Final Thoughts: While there might be fewer sellers this time around, the RSI divergence could bring in new participants, making this a solid second chance trade. Always keep an eye on your signals and manage your risk effectively. What’s your take on this setup? Are you planning to jump in, or do you see other opportunities? Share your thoughts and strategies below! Happy trading, everyone! 🚀

TCS Future Long - Bullish Shark TCS futures has confirmation of Bullish shark on Weekly chart. Next possible target1: - 4124, Target2: 4450/4675

by NileshPrajapati85

Second Attempt at Shorting NZDUSD I’m back at it with a second attempt to short NZDUSD, and here’s why this setup caught my attention. Current Overview: - 4-Hourly Chart: i) Rising Channel: The pair is moving within a rising channel. ii) RSI Divergence: This divergence signals a potential weakening of the uptrend, which adds confidence to the short setup. Shorting Opportunity: - 1-Hourly Chart: i) Type 2 Bearish Shark Pattern: This pattern gave me a solid entry at 0.6029. Strategy: - 1st Target: i) Extended to: 0.5992 ii) Why: The market reversed beyond the original 1st target, allowing me to extend it for better profit potential. - 2nd Target: Keeping it open to adjust based on how the market moves. Final Thoughts: This setup combines a classic RSI divergence with a well-defined Bearish Shark Pattern, making it a compelling opportunity for a second short attempt. If you’re considering a similar trade, keep an eye on the targets and be ready to adapt as the market unfolds. What’s your take on this setup? Have you noticed similar patterns in your trading? Share your thoughts and strategies below! Happy trading, everyone! 🚀