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Bearish Shark

Bloody Fall of EURCAD is still in session!Looking back at my chart, I should've checked to see more key levels where a reversal would be inevitable this bearish daily shark confirms and lines up with this key level. This leads me to believe that there could be a major reversal around the major psychological level of 1.61. Open multiple positions, first one should be 1.61---Open others later on as they increase until you see consolidation and wick exhaustion. (divide it into 3 positions so you can take take profit in middle, take profit 1 and the last take profit to ensure profitability)
Short
by Forex_Troll
AUDUSD - 1500 Pips+ Let us catch some sharks!AUDUSD - 9thJan 2018 Hi, Excited to come up with the first video on AUDUSD for the year 2018. You would be wondering what are these - Great White , Port Jackson, Zebra, Thresher, Tiger, Oceanic White, Great Hammerhead, Grey Nurse. Is it some kind of zoo- correct! - If I would have been in your place would have had same thought process & imagination but let us not allow our imagination to run & fly -hold ourself. Well, if you google them you will get to know that these are shark species found in Australia which are dangerous to catch & some of them even have state wide ban as well for catching like Great White & Grey Nurse. As an Analyst and Trader, I am just bothered about only 2 species - bearish shark & bullish shark & these days there are lot of bearish sharks in Australian Dollar Waves. To catch these sharks we need TFR - Trader's fishing rod & before we even do that - we need to find them using Analyst Spectacles. Before we dip into current structure to catch these sharks. Let me just tell you some basics about TradingView Platform. Visibility Factor which is most important to find these sharks - If they are not visible - you cannot find them & if you cannot find them - How will you catch them- as simple as that...... Unlike sharks available in Australia they are huge in size & hence visible but sharks which are seen & available in our markets can deceive a trader & analyst so you need to have proper visibility factor or shoud be able to use visibility feature to find & catch these sharks. 1500 Pips+ Let us catch some sharks - Are you ready ! So, let's begin............... ----------- Can the bearish shark from 0.7875 give us another big move - likely expecting to travel to 0.7200 & below 0.7200 for 0.6800 levels next holding 0.7875 as top or near by top.
Short
by WaveTalks
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