BaliShag

Gjensidige Forsikring bearish setup

Short
CHXEUR:GJFO   None
3
  • Double tops at invalid bearish shark pattern (missing the 1.618 BC ext.)
  • Last high didn't reach the upsloping channel top signaling weakness
  • Big weekly AB=CD complete
  • Minor bearish shark complete

Could just end up as a bull flag and head to the valid shark pattern, but right I'm looking for bearish setups on the lower time frames to get short - against the current trend. First target would be around 130 where several lines intersect and a potential bullish bat completes. That could be a level to get long, if I'm right about this minor correction.
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