This triple top @93 and the completed bearish shark pattern suggests a short move.
Comments
BBFX
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We have now hit 0.9339..... 61.8% retracement has been achieved...A bearish BAT is complete at this exact point.
An experimental pattern - The JAWS- ( my own--- testing currently!! ) has engaed here too....The target for the JAWS is 0.8610....(highly unlikely because not all the issues with this pattern are solved yet--so not a trade recommendation yet...although I will keep a small SELL order to see if target will be hit at 0.8610!! ) :-)
We have (-) Divergence currently in H4 too.....
As always, price doesnt have to do anything we wish.....only time will tell!!
BBFX
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We are too close to 0.9339 ( 61.*% Retracement on Daily ) now to not hit it....I have a SELL Limit order there!! In my humble opinion!! Great chart......
fximperija
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Yes we are, but rejected 3 times @ 93, with RSI div. Don't see Aussi strong enough to reach 934. If this happens aussi will likely cont. bullish further.
An experimental pattern - The JAWS- ( my own--- testing currently!! ) has engaed here too....The target for the JAWS is 0.8610....(highly unlikely because not all the issues with this pattern are solved yet--so not a trade recommendation yet...although I will keep a small SELL order to see if target will be hit at 0.8610!! ) :-)
We have (-) Divergence currently in H4 too.....
As always, price doesnt have to do anything we wish.....only time will tell!!