Get started
benprentice96

Bearish Shark USD/CHF.

Short
U.S. Dollar / Swiss Franc (OANDA:USDCHF)  
benprentice96  
OANDA:USDCHF   U.S. Dollar / Swiss Franc
Harmonic Patterns
4
0
harmonicpatterns
Hi everyone here we have USD/CHF on the 4h chart with a valid Bearish Shark pattern.

Good risk to reward here and also good resistance level at D.

The measurements for a valid shark pattern are listed below.
B:
C:1.13-1.618
D:1.618-2.24
Final X to D: 0.886-1.13.

Will be watching this over the next few days.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.