tntsunrise
Short

SPX500 COMPLETED SHARK PATTERN +AB=CD

FX:SPX500   S&P 500 index of US listed shares
3275 24 84
SHARK PATTERN
+AB=CD
Short SPX             NOW

USE 1.2 TIMES OF DAILY ATR AS SL DISTANCE
INSERT INDICATOR : AVERAGE TRUE RANGE and found the value , period 7

AIM 2057
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very big big stop loss hit here!!
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with SPX ended on 2159 at 07/15 a shark pattern seems not that reliable...
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Would you place the short now @ 2055 we had 3 pin bar yesterday on the 1H TF ?
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I think the pullback is coming very soon as many already taking profits and many been stop loss or close its short position.
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Still Valid ?
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Just wondering if this trade is valid, Jack?
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no good R/R and no good harmonic wave
+1 Reply
no trigger, we need to wait.
+1 Reply
I would not short this pair just yet. It seems that it wil rise above the expected resistance level and take everyone's stoplosses out before the big drop will start. At least that is what I think.
+1 Reply
dsab dsab
Correction not pair but S&P500 index lol.
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