FX:NGAS Safe Trades; open.spotify.com
Hopefully the price will rally a little more and complete the bearish shark just below the W resistance zone
We have 2 potential buy setup on AUDCHF. A common question is how do we deal with such situation? Which trade do we take? Find out more in this week weekend market analysis video on our YouTube channel.
Potential Shark Pattern How to trade SHARK? •A B leg extends OX leg between 113% – 161.8% •B C leg extends beyond O by 113% of the OX leg •B C leg is also an extension of A X by 161.8% – 224% Enjoy trading guys!
We are at the PRZ Zone at the moment you can look for Shorts now
CADJPY Analysis This shark pattern has a very good risk to reward, about 4.5 & 8.5 respectively, PRZ is about 18 pips. In addition, the thick black dotted line is based on daily trend, might be a strong support line. I will follow up if pattern completes.
30M - Bullish Shark@ 4H Suppot line
SL above 224% of BC 1st target 31.8% of XC 2nd target 61.8% of XC when first target reached move SL to break even Tell me what you think! :)
FX_IDC:NZDUSD Safe Trades; open.spotify.com
Check the Gartley pattern that appeared before.. Maybe this Shark indicates the last pullback? Who knows :P
FX:NZDCHF Safe Trades;