Short
Gjensidige Forsikring bearish setup
- Double tops at invalid bearish shark pattern (missing the 1.618 BC ext.)
- Last high didn't reach the upsloping channel top signaling weakness
- Big weekly AB=CD complete
- Minor bearish shark complete
Could just end up as a bull flag and head to the valid shark pattern, but right I'm looking for bearish setups on the lower time frames to get short - against the current trend. First target would be around 130 where several lines intersect and a potential bullish bat completes. That could be a level to get long, if I'm right about this minor correction.
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Related publications
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.