Hallo fellow traders.
Here we have the FX:AUDUSD on the 4h chart with a potential bearish shark pattern.
Risk reward: 1:3
I will be looking for further confirmation when the D-leg is getting closer to the potential reversal zone.
Happy trading to everyone :-)
Here we have the NZDUSD on the 4h chart.
A potential bearish butterfly pattern is shaping.
If the D-leg hit previous resistance level 0.73378 in the PRZ, I will be looking for candles that signals a reversal.
Risk/reward more than 1:3
Here we have FX:EURJPY with a potential bearish butterfly on the daily chart.
Valid butterfly pattern:
A-B: 0.386 - 0.886
B-C: 1.618 - 2.24
Risk to reward 1:3
I will be looking for further confirmation before taking the trade.