Priceline of Verge / US Dollar is forming the Shark pattern and soon it will be entered in potential reversal zone to hit the sell target zone insha Allah.
Volume profile of complete pattern is showing less interest of traders at PRZ area.
Stochastic has given bear cross.
MACD is turning weak bullish from strong bullish.
This potential reversal zone can be used as stop loss point in case of complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00408210 to 0.00392631
Sell between: 0.00428147 to 0.00465714
Regards,
Atif Akbar (moon333)
Volume profile of complete pattern is showing less interest of traders at PRZ area.
Stochastic has given bear cross.
MACD is turning weak bullish from strong bullish.
This potential reversal zone can be used as stop loss point in case of complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00408210 to 0.00392631
Sell between: 0.00428147 to 0.00465714
Regards,
Atif Akbar (moon333)
Trade closed: target reached
