AUDCHF - 4H - Shark pattern down and up
we broke the white box to the downside and now established a wedge. we either will see a break to the upside of that wedge indicating a bigger retracement or to the downside which will usally mean rapid market acceleration to the downside (most likly into the trendline and shark PRZ)
regardless: a short sell inside that wedge will provide good risk reward and should have a decent winrate.
if we then manage to get down into the trendline, look for longs.
regardless: a short sell inside that wedge will provide good risk reward and should have a decent winrate.
if we then manage to get down into the trendline, look for longs.
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