X5
Long

EUR/USD - H4 Possible long setup - Shark pattern projection

X5  
FX:EURUSD   Euro Fx/U.S. Dollar
9 months ago
Price is breaking channel support, but a bullish divergence is present and if it remains, a bearish Shark pattern can be projected.

Wait for reversal bar pattern inside PRZ box (use H1 chart if necessary)

Others points that supports the reason to consider a long position:
- Bullish divergence is present on D1 chart
- A bearish Shark pattern on USD index and a bullish Shark pattern on EUR index are completed (both on H4 chart)

9 months ago
Comment: On H1 chart, there is a bullish Shark pattern completed and pressuring channel support, but no bull divergence yet…

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