USD/JPY 1h Shark Pattern
Updated
Harmonic Shark Pattern Possible. Even 2 Types there is an area of confluence between 0.882 /1.618 and 1.272 / 2.236. Both Combinations are Shark. There is a strong bullish Divergence between price and RSI (blue line). But to Trade the D-Leg before Pattern is formed I wait for a break of the yellow parallel channel. That would indicate that the bullish momentum increases more than the bearish.
At the moment everything is possible, I am flat and watching the Price action and will update.
At the moment everything is possible, I am flat and watching the Price action and will update.
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