LONG AUDUSD Shark & 5-0 Patterns 1D
Beautiful Shark pattern on the Daily.
Lines right up with our measurements
B = 1.13 - 1.618
C = 1.618 -2.24
X to D = .886 - 1.13
The fantastic thing about a Shark pattern is that it has a possibility to turn into a 5-0 if the reversal is at the halfway point, so you have the chance to profit twice!
Making sure to have a 1:2 Risk VS Reward, in this case it's a 1:3!!!
Note: always draw it on your own chart to get exact measurements! Make sure you have confirmation candlestick patterns CLOSED before entering - it may shoot through the D reversal zone!
You're welcome to repost this, just mention corganmusic! :)
For those looking to learn to trade, message me! Good luck out there!
Lines right up with our measurements
B = 1.13 - 1.618
C = 1.618 -2.24
X to D = .886 - 1.13
The fantastic thing about a Shark pattern is that it has a possibility to turn into a 5-0 if the reversal is at the halfway point, so you have the chance to profit twice!
Making sure to have a 1:2 Risk VS Reward, in this case it's a 1:3!!!
Note: always draw it on your own chart to get exact measurements! Make sure you have confirmation candlestick patterns CLOSED before entering - it may shoot through the D reversal zone!
You're welcome to repost this, just mention corganmusic! :)
For those looking to learn to trade, message me! Good luck out there!
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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.