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lyl89

NZDUSD - Bearish Shark Pattern Completed on H4 Chart

Short
New Zealand Dollar / U.S. Dollar (FX:NZDUSD)  
lyl89 Updated   
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
NZDUSD nzdusdshort Shark Bearish Shark Harmonic Patterns harmonicforex
4
0
nzdusd nzdusdshort sharkpattern bearishshark harmonicpatterns harmonicforex
Shark pattern has just completed.
RSI at overbought level.
Great R:R at 2.8 (TP1) and 5 (TP2).

Traders may choose entry point to short using H1 timeframe.
Comment:
Looks like a retest of PRZ.
Zooming in to the 30minute chart, a bearish shark pattern has completed and is reacting now.
snapshot
Comment:
TP1 hit for 30min shark pattern.
Comment:
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