I have the opportunity to short/sell this market with a potential bearish Shark pattern completion.
The Entry, SL, TP, and POR (Point of Ruin) can be seen in the chart. POR when price will retrace the 38.2% (TP1) before completing the pattern will invalidate the setup. So, ideally, I want to see the price rally first and complete the pattern before any retracement for this setup to be played. Trade with care.
The Entry, SL, TP, and POR (Point of Ruin) can be seen in the chart. POR when price will retrace the 38.2% (TP1) before completing the pattern will invalidate the setup. So, ideally, I want to see the price rally first and complete the pattern before any retracement for this setup to be played. Trade with care.
Trade closed: stop reached