EUR/NZD - Bearish Shark (500+ Pips)
Hello traders, here we have EUR/NZD with a bearish shark pattern on the 4h chart.
This is an excellent shorting opportunity with over 1:3 risk to reward, don't miss out on this one!
The measurements for a valid shark are detailed below.
C: 1.13 - 1.618
D: 1.618 - 2.24
Final X to D: 0.886 - 1.13
The D point forms at a strong level of resistance, therefore it is unlikely this pattern will form at an X to D of 1.13.
This pattern could potentially turn into a 5-0 in the near future, after a successful short.
Feel free to connect with me below :)
This is an excellent shorting opportunity with over 1:3 risk to reward, don't miss out on this one!
The measurements for a valid shark are detailed below.
C: 1.13 - 1.618
D: 1.618 - 2.24
Final X to D: 0.886 - 1.13
The D point forms at a strong level of resistance, therefore it is unlikely this pattern will form at an X to D of 1.13.
This pattern could potentially turn into a 5-0 in the near future, after a successful short.
Feel free to connect with me below :)
📈 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.