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[Bullish Run Persist]
I don't see how the USDJPY movement will turn bearish this week. I will focus on the buying opportunity at the support at 143.20 or a trendline retest. Both would require a Magic Candle Confirmation before engaging in the... more[Bullish Run Persist]
I don't see how the USDJPY movement will turn bearish this week. I will focus on the buying opportunity at the support at 143.20 or a trendline retest. Both would require a Magic Candle Confirmation before engaging in the trade.
If you are waiting for a counter-trend trade, the Bearish Bat Pattern on the daily chart(right) 149.12 seems like a better trading setup than the AB=CD Pattern.
If you love what you are seeing, remember to follow my only account, raynlim
Live chart:
https://www.tradingview.com/chart/USDJPY/4D2Dbg55-Bullish-Run-Persist/ />
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#USDJPY #trendline #supportlevel #trendcontinuation #trendtrading #harmonicpatterns #countertrend #bearishbat #batpatterns #candlestickpattern #candlestickanalysis #supportandresistance less
https://vimeo.com/839488976
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[It's Merely a Retracement]
In a world where media and forums express bearish sentiments towards USDJPY, my unwavering bullish stance may have caught your attention. While others see a bearish retracement, I invite you to see the bigger picture.
Take a... more[It's Merely a Retracement]
In a world where media and forums express bearish sentiments towards USDJPY, my unwavering bullish stance may have caught your attention. While others see a bearish retracement, I invite you to see the bigger picture.
Take a glance at the weekly chart on the right, and you'll witness the bearish movement as nothing more than a mere retracement of the monumental US dollar skyrocketing trend I accurately predicted on 14th October 2021. It is this understanding that fuels my anticipation for an imminent buying opportunity.
My attention is fixed on the 1-hourly chart on the left, where the market is poised to retest the crucial level of 137.46. This critical juncture presents the ideal scenario for a potential buying opportunity, perfectly aligning with the formation of a Bullish Bat Pattern.
While others succumb to pessimism, I see the hidden potential for USDJPY to surge once again.
Live chart:
https://www.tradingview.com/chart/USDJPY/CKpHVw2l-It-s-Merely-a-Retracement/ />
Redeem Free Training by clicking the Pin Messages in the Traders Cafe Chat�
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#USDJPY #bullishbat #batpatterns #harmonicpatterns #candlestickpattern #candlestickanalysis #supportandresistance less
https://vimeo.com/828795030
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Channels Recommended for You
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[USDJPY Shorting Opportunity Looming, But My Bullish Bias Remains Strong]
In the midst of a Type 2 Bearish Bat Pattern on the daily chart and a Bearish Shark Pattern on the 1-hourly chart, traders may be eyeing a shorting opportunity for the USDJPY.... more[USDJPY Shorting Opportunity Looming, But My Bullish Bias Remains Strong]
In the midst of a Type 2 Bearish Bat Pattern on the daily chart and a Bearish Shark Pattern on the 1-hourly chart, traders may be eyeing a shorting opportunity for the USDJPY. However, my bullish bias on this currency pair remains steadfast.
Rather than jumping on the bearish bandwagon, I am patiently waiting for a prime buying opportunity on the USDJPY. I'm closely monitoring a Bullish 5-0 pattern that could potentially complete at 134.71, presenting an ideal entry point for a long position. Stay tuned for further updates on this developing trade opportunity.
Live chart:
https://www.tradingview.com/chart/USDJPY/WI3d4mer-My-Bullish-Bias-Remains/ />
Redeem Free Training by clicking the Pin Messages in the Traders Cafe Chat�
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#USDJPY #type2 #bearishbat #batpatterns #harmonicpatterns #bearishshark #sharkpatterns #50patterns #candlestickpattern #candlestickanalysis #supportandresistance less
https://vimeo.com/826646361
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[DOLLAR CRASH!? NOPE! NOT NOW!!]
If you are on the Media, you would have heard that the DOLLAR is CRASHING, countries are ANTI-US DOLLAR, etc, etc...
I don't see any crashes happening on the chart. It is important for independent traders like... more[DOLLAR CRASH!? NOPE! NOT NOW!!]
If you are on the Media, you would have heard that the DOLLAR is CRASHING, countries are ANTI-US DOLLAR, etc, etc...
I don't see any crashes happening on the chart. It is important for independent traders like ourselves, not to get swayed by the news headline; see it for yourself.
What I'm seeing right now, saddens me more than the crashes; the market is going into the consolidation phase.
How do I know that?
A series of Bat Patterns, that's it. The market reflects on what market participants felt.
If you are looking for shorting opportunity, you are in luck.
On Daily Chart(left), Bearish Bat Patterns completing at 136.96 and on the 1-hourly Chart, we have the Bearish Crab Pattern completing at 132.54 and Bearish Bat Pattern completing at 132.87.
Live chart:
https://www.tradingview.com/chart/USDJPY/PLqhzuhh-DOLLAR-CRASH-NOPE-NOT-NOW/ />
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#USDJPY #batpatterns #countertrend #bearishbat #bearishcrab #crabpatterns #candlestickpattern #candlestickanalysis #harmonicpatterns less
https://vimeo.com/816035532
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[EURO-DOLLAR has a Counter-Trend Trading Opportunity]
EURO-DOLLAR has a Counter-Trend Trading Opportunity(left). Traders looking for a counter-trend trading opportunity could wait for the market to retest to 1.0975 for a shorting opportunity. This is... more[EURO-DOLLAR has a Counter-Trend Trading Opportunity]
EURO-DOLLAR has a Counter-Trend Trading Opportunity(left). Traders looking for a counter-trend trading opportunity could wait for the market to retest to 1.0975 for a shorting opportunity. This is possible not because of the Bearish Shark Pattern Trading Opportunity, but a retest of resistance on the Weekly Chart.
If this is not for you, then perhaps the Bullish Bat(red)(right) or the Bullish Shark(right) gives you, a trend trader, an opportunity to engage.
So, what is what? If you have that question, focus on 1 and not engage on both.
Live chart:
https://www.tradingview.com/chart/EURUSD/3Df143cU-EURO-DOLLAR-Counter-Trend-Opp/ />
Redeem Free Training by clicking the Pin Messages in the Traders Cafe Chat�
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#EURUSD #BearishShark #countertrend #BullishShark #trendtrading #harmonicpatterns #sharkpatterns #batpatterns #bullishbat #candlestickanalysis #candlestickpattern less
https://vimeo.com/816032434
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[459pips or 89pips of profit, which will you choose]
If you have to choose only one trading setup, it is understable you would be choose the 459pips setup. But as a thinking trader, we have to be aware of what kind of trading setup provides such trading... more[459pips or 89pips of profit, which will you choose]
If you have to choose only one trading setup, it is understable you would be choose the 459pips setup. But as a thinking trader, we have to be aware of what kind of trading setup provides such trading opportunity. The 459pips is from a counter-trend trading opportunity on the daily chart(right). I'm looking to short at 1.2395 and exit at 1.1937, for that to happen a restest at 1.2395 is required.
On the flip side, Trend Traders could wait for a buying opportunity off the Bullish Bat Pattern on the 1-hourly chart(left), the entry price is at 1.2308, candlestick Pattern confirmation is required.
Which side would you choose? The Bear 
or The Bull 
? L
Live chart:
https://www.tradingview.com/chart/GBPUSD/ut5YBadz-459pips-or-89pips-of-profit-which-will-you-choose/ />
Redeem Free Training by clicking the Pin Messages in the Traders Cafe Chat
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#GBPUSD #supportandresistance #resistance #countertrend #batpatterns #harmonicpatterns #candlestickanalysis #candlestickpattern less
https://vimeo.com/813953873
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[At Least 200pips of Profit Potential]
The Bullish Shark Pattern(right) has not reached its final
target level. Trend Traders could wait for a buying opportunity off the 4-hourly chart(left), support level at 1.0748. Should the Candlestick Pattern break... more[At Least 200pips of Profit Potential]
The Bullish Shark Pattern(right) has not reached its final
target level. Trend Traders could wait for a buying opportunity off the 4-hourly chart(left), support level at 1.0748. Should the Candlestick Pattern break and close below it, l'Il be waiting for Bullish Bat Patterns that completes at 1.0562.
And because the Point C of the Bullish Bat Pattern touches Point A, it became a warning sign, I'II need to wait for a
Candlestick Pattern confirmation at the PRZ(box) before
engaging on the trade
Live chart:
https://www.tradingview.com/chart/EURUSD/QzrZ49Ki-At-Least-200pips-of-Profit-Potential/ />
Redeem Free Training by clicking the Pin Messages in the Traders Cafe Chat�
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#EURUSD #supportlevel #BullishShark #combotrade #trendtrading #harmonicpatterns #sharkpatterns #batpatterns #bullishbat #candlestickanalysis #candlestickpattern less
https://vimeo.com/813947766
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If you have managed to short the USDJPY trade on the Bearish Bat Pattern, congratulation is on the way. If you have not engaged the trade, perhaps you can wait for the market to retest 136.95 on the 1-hourly chart to engage the Bearish Shark Pattern... moreIf you have managed to short the USDJPY trade on the Bearish Bat Pattern, congratulation is on the way. If you have not engaged the trade, perhaps you can wait for the market to retest 136.95 on the 1-hourly chart to engage the Bearish Shark Pattern could be the next best thing that could happen to you.
All you need to do is to wait and see if the opportunity presents itself.
Live chart:
https://www.tradingview.com/chart/USDJPY/ftVVFcPi-A-retest-could-save-your-some-money/ />
Redeem Free Training by clicking the Pin Messages in the Traders Cafe Chat�
https://discord.gg/AKDr9vPqH7
#USDJPY #combotrade #countertrend #bearishbat #batpatterns #bearishshark #sharkpatterns #candlestickpattern #candlestickanalysis less
https://vimeo.com/804888126
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