Hello Friends
When we look at the chart for 4 hours, there is a shark bull formation formation.
It is very risky to enter the trade before the voluminous momentum comes. Risk money management is very important in such transactions.
There are technical levels on the chart.
TP1:1.1289
TP2:1.3139
Trading entry level :0,9984 (at 4 Hour candle closing)
Stop loss: 0,8805 (Based on my own money management)
IT IS NOT INVESTMENT ADVICE. IF YOU
BENEFIT FROM ANALYSIS, DON'T FORGET
TO LIKE AND FOLLOW 👍👍👍👍 IF THERE IS SOMETHING WRONG WITH THE FORMATION, YOU CAN ALSO BE AWARE.
📗📗EDUCATIONAL PURPOSES📗📗
Shark Bull Formation ( Bullish Shark Pattern)
EU foot, OX foot on the 113% - from 161.8%
prolong BC feet, OXI foot of extending to beyond the far 113'ü% OX foot
BCR foot of the AX 161.8% - is an extension 224'lük%
OTHERS unlike harmonic patterns , operations are entered as follows: Targets can be 61.8% of BC with
incoming stops at 88.6% of the input OX foot and at point C
When we look at the chart for 4 hours, there is a shark bull formation formation.
It is very risky to enter the trade before the voluminous momentum comes. Risk money management is very important in such transactions.
There are technical levels on the chart.
TP1:1.1289
TP2:1.3139
Trading entry level :0,9984 (at 4 Hour candle closing)
Stop loss: 0,8805 (Based on my own money management)
IT IS NOT INVESTMENT ADVICE. IF YOU
BENEFIT FROM ANALYSIS, DON'T FORGET
TO LIKE AND FOLLOW 👍👍👍👍 IF THERE IS SOMETHING WRONG WITH THE FORMATION, YOU CAN ALSO BE AWARE.
📗📗EDUCATIONAL PURPOSES📗📗
Shark Bull Formation ( Bullish Shark Pattern)
EU foot, OX foot on the 113% - from 161.8%
prolong BC feet, OXI foot of extending to beyond the far 113'ü% OX foot
BCR foot of the AX 161.8% - is an extension 224'lük%
OTHERS unlike harmonic patterns , operations are entered as follows: Targets can be 61.8% of BC with
incoming stops at 88.6% of the input OX foot and at point C