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Feb 5, 2021 7:24 PM

US30 - Bullish Shark Pattern Short

US Wall St 30OANDA

Description

Possibly a bullish shark pattern forming with a possibility of a profitable short position.

After a steady drive up on the bottoming of a steep down correction from the previous high reached Jan 21, we are now back up just short of it.

In an overbought market, there could be a large correction down after retesting the high.

If the high test passes we could see a correction at 1.113 retracement from the main drive down.
Comments
mrhlk78
in a simple shark pattern the d point must retrace 88% not more
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