EUR/AUD - Bullish Shark
We're looking at a complete bullish shark on a 4h chart for EUR/AUD, this is an excellent buying opportunity. To add to this I'm currently bullish on EUR/JPY with another harmonic pattern, you can find my analysis in the related ideas section below.
Just before anyone points out I am fully aware the C point extends the 1.618 retracement but the candlesticks have all closed below it.
The measurements for a valid shark are detailed below.
C: 1.13 - 1.618 (Price has spiked just above 1.618)
D: 1.618 - 2.24
Final X to D: 0.886 - 1.13
Do you want more trading inspiration? Connect with me below :)
Instagram: instagram.com/lewglasgow
Facebook: facebook.com/lewglasgow
Just before anyone points out I am fully aware the C point extends the 1.618 retracement but the candlesticks have all closed below it.
The measurements for a valid shark are detailed below.
C: 1.13 - 1.618 (Price has spiked just above 1.618)
D: 1.618 - 2.24
Final X to D: 0.886 - 1.13
Do you want more trading inspiration? Connect with me below :)
Instagram: instagram.com/lewglasgow
Facebook: facebook.com/lewglasgow
📈 Master the Art and Science of Trading: sixfigurecapital.com
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.