Mikoxl. Mikoxl. PRO GBPUSD, 240, Long , 18 days ago
GBPUSD: Shark886 long 4H
39 0 3
GBPUSD, 240 Long
Shark886 long 4H
Reading the chart After the impulse move and the extension the pair is retracing all the way back heavily. Already signs of exhaustion at the 61.8% retacement of X-C. However, no signs of any divergence yet. The alignments of the impulse, extension and retracement could mean a possible shark pattern. Because of ...
Mikoxl. Mikoxl. PRO EURGBP, 240, Short , a year ago
EURGBP: Shark 886 with a potential 5-0 pattern
282 12 7
EURGBP, 240 Short
Shark 886 with a potential 5-0 pattern
Previous post In my previous post ( about a smaller shark pattern and a 5-0 pattern completion, the pair confirmed that this smaller 5-0 pattern really just was a retracement pattern after a failed bearish pushes. ...
Mikoxl. Mikoxl. PRO GBPAUD, 15, Short , a year ago
GBPAUD: Line of sight: a butterfly eaten by a shark?
58 0 2
GBPAUD, 15 Short
Line of sight: a butterfly eaten by a shark?
Line of sight A butterfly wants to fly. But it a Shark waiting to take a bite? Going up to fast The butterfly is going up (too) fast. Or is it? Signals RSI (7) is going too fast compared to how much it is retracing.. If it is heavily oversold at the first line of defence, this could be another trend ...
Mikoxl. Mikoxl. PRO GBPAUD, 240, Long , a year ago
GBPAUD: Bullish Shark pattern completion at the retest of 2.0048
142 7 3
GBPAUD, 240 Long
Bullish Shark pattern completion at the retest of 2.0048
Overextended with a 1.113 extension After the final breakout, the pair tried to extend even further. However, this extension did not hit the 2.0705. This tells me that this pair is done extending for now. Retracement/Correction Therefore I shorted this market from 2.0504 hoping for a retest of the psychological ...
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