LewisGlasgow
Short

EUR/NZD - Bearish Shark

OANDA:EURNZD   Euro / New Zealand Dollar
Hello traders, here we have EUR/NZD with a bearish shark pattern on the 4h chart.

This is an excellent shorting opportunity with over 1:4 risk to reward!

The measurements for a valid shark are detailed below.
C: 1.13 - 1.618
D: 1.618 - 2.24
Final X to D: 0.886 - 1.13

This pattern could potentially turn into a 5-0 in the near future, after a successful short (chart is shown below).



Feel free to connect with me on social media :)
📈 Learn How to Trade the Most Advanced Market Patterns: https://www.sixfigurecapital.com

∙ Telegram Channel: https://t.me/SixFigureCapital
∙ Facebook: https://www.facebook.com/sixfigurecapital
∙ Instagram: https://www.instagram.com/sixfigurecapital
Lovely trade setup, thank you very much for sharing your idea. I have similar view on this pair
as well.

Reply
LewisGlasgow jojofang0901
@jojofang0901, excellent analysis, thanks for sharing!
Reply
can i still enter
Reply
@murendi, yes.
Reply
Hi Lewis.

What about the good EUR- news that is, incoming tomorrow noon?
Reply
u sure? i shorted eurusd and only expect 200pips move
+1 Reply
@Calamity, we may see a move to the 0.382 retracement level, I'll analyse further if and when that happens.
Reply
Thanks Lewis. :)
Reply
LewisGlasgow fender0strat
@fender0strat, you're welcome mate!
Reply
Lewis..Hi...do you think that actual price is good to enter short or better wait? Thanks
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out