Zeheart

Potential Bearish Bat and Shark

Long
FX:EURUSD   Euro / U.S. Dollar
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Not too sure bout this technique whether it works or not. I have manage to found two 2 Bearish pattern on EU... which both Final Point D are quite in sync with each other.. I am naming it as a "Harmonic Confluence"

If this Confluence fail, Bat could evolve into Crab Pattern . The Point D of Crab maybe in sync with the Higher Point D of the Shark . I have not done this in this chart as in i dun wan to mess up the current chart. =)

So currently i am looking at possible long price action signal to enter... Hopefully this "Harmonic Confluence" Works !!

Stay Tune and Happy Trading!!!

Comments

Have not been describe much on the Harmonic Confluence previously... If the Harmonic Confluence Works, It should act like a Strong Resistance (Potential Reversal Point) and price will fall after the completion of Point D..
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