Zeheart
Short

Possible Completion of Shark Pattern

FX:EURUSD   Euro Fx/U.S. Dollar
1659 13 2
Looks like the Price movement for EU is quite in sync with EJ             . They both have a potential Shark Pattern and is bout reaching the Final Point of the Pattern..

Stay tune for next week to see more updates.. =)
Zeheart
3 years ago
Price has already hit and complete the Shark Pattern, time to look for a short entry =)
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Nickmail
3 years ago
nice
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Nickmail
3 years ago
snapshot
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Zeheart
3 years ago
snapshot


Found a Inside Bar with Fakey Pin Bar... If price able to close below 1.339 (Which is a Strong Resistance Level). If it close above, it will invalidate the whole setup. But if the Support level at 38.2 Fib cant hold the support, a further down move will be anticipate. We shall wait and see =)
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Zeheart
3 years ago
snapshot


Currently the retracement has hit 78.6, So I happens to draw out a Bearish ABCD Pattern.. which the price should reverse and move up after touching 78.6 level... If price doesnt break the high of Point B, it may evolve into a Bullish Bat..

For the time being just ignore the Bat, let see how this ABCD Works on Monday..
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Zeheart Zeheart
3 years ago
snapshot


Things have been working well so far... Price for EU is heading up.. In 1H Chart found a Bearish Shark.. Which Shows price is heading to a possible target of 1.339. Thereafter a retracement should take place. If uptrending is strong, price will push back up after the completion of the retracement.. Looking at the above ABCD Pattern, to have it valid, price is prefer to close above 1.37 level =)
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Nickmail
3 years ago
i am looking for reverse on 3350-60 (maybe 3409) (3340 is the highest can be) & then continue go to 1.30-2915 levels
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Nickmail Nickmail
3 years ago
sorry "3440 is the highest can see"
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Zeheart Nickmail
3 years ago
I agree, to me 1.34 will the max as of now... thn we will see a retracement there after.. =)
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Nickmail
3 years ago
have any new plans?
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Zeheart Nickmail
3 years ago
snapshot


Looks like this small Shark Pattern could be a possible one... Just have to wait for price to push above mid point of the pattern to ensure higher rate of success to the pattern =)
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Nickmail
3 years ago
think today we are going to retest friday's 01/03/2013 Low! 1.2966 & can go deeper 1.2915-1.2940
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