Hi All,
Bullish Shark Pattern formation on EURUSD Daily Chart
All the Fibonacci levels are on the chart.
Overall Trend is bearish however, this is a very healthy RR pattern so will be entering gradually into this position.
D point for Sharks are both the 88.6 of XA leg and also the 113 level. 113 Level has better confluence with the 224 Fib level, if we see a break below current lows here I will be very interested in that 113 level for Longs.
Goodluck
Bullish Shark Pattern formation on EURUSD Daily Chart
All the Fibonacci levels are on the chart.
Overall Trend is bearish however, this is a very healthy RR pattern so will be entering gradually into this position.
D point for Sharks are both the 88.6 of XA leg and also the 113 level. 113 Level has better confluence with the 224 Fib level, if we see a break below current lows here I will be very interested in that 113 level for Longs.
Goodluck
Trade active
LETS GOOOO!!!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.