AUDCAD - Bearish Shark Pattern Completed on H4 Chart
It's been a while since I posted, spotted this completed shark pattern.
Price closed slightly above PRZ, I think it's fine.
RSI has already hit overbought level, similarly for H1 time frame, I can see some reversal now.
High R:R at 2.9 (TP1) and 5.2 (TP2).
I might not aim for TP2, will update along the way.
It's okay to short now based on H1 time frame.
Price closed slightly above PRZ, I think it's fine.
RSI has already hit overbought level, similarly for H1 time frame, I can see some reversal now.
High R:R at 2.9 (TP1) and 5.2 (TP2).
I might not aim for TP2, will update along the way.
It's okay to short now based on H1 time frame.
Trade closed: stop reached