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RaynLim

AUDUSD - Bearish Shark

Short
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
RaynLim  
FX:AUDUSD   Australian Dollar / U.S. Dollar
Shark Candlestick Analysis Supply and Demand askforex100 AUDUSD Bearish Shark trendtrading Candlestick analysis rsi_oversold
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sharkpattern candlestick supplyanddemand askforex100 audusd bearishshark trendtrading candlestickanalysis rsi_oversold
A bearish shark pattern form within the 1-hourly sell zone, but on the 4-hourly chart the same zone it's merely a consolidation area. I won't be surprised if the consolidation zone(black box) is broken and the market heads towards the red zone before any shorting opportunity.

Hence, candlestick confirmation became important.
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