Here is my adaptation of a Shark harmonic, i am expecting it you reverse at this level however to ensure that it will i am waiting for a reversal candle or pattern before entering the trade. if it doesn't reverse at this level there are a few more levels which it could reverse at which i can take a trade what i will update if needed. TAKE PROFIT = slightly below 1.70142 STOP LOSS = slightly below 1.65702 - if reversal is confirmed
Trade active
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entered trade due to reversal pattern
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The reversal has started after a wobbly start, currently at 1:1 so could take profits as this is good. although i will carry on trade to see if it hits where expected. I trade on a demo account - testing to ensure my predictions are correct.
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SL adjusted to take profits at x1 profit to ensure profit is taken as this is what i would have taken on real account. will maintain in trade to see if it hits where expected as mentioned above