AUD/USD - Bearish Shark
Hello traders, just an update on AUD/USD 0.10% with a bearish shark pattern on the 1h chart.
Price has now reached resistance at the D point, I'm expecting price to sell-off from the current level.
The measurements for a valid shark are detailed below.
C: 1.13 - 1.618
D: 1.618 - 2.24
Final X to D: 0.886 - 1.13
This pattern could potentially turn into a 5-0 in the near future.
Keep an eye on this one, I hope you all have a great week!
Price has now reached resistance at the D point, I'm expecting price to sell-off from the current level.
The measurements for a valid shark are detailed below.
C: 1.13 - 1.618
D: 1.618 - 2.24
Final X to D: 0.886 - 1.13
This pattern could potentially turn into a 5-0 in the near future.
Keep an eye on this one, I hope you all have a great week!
Note
Another trade resulted in a great profit for everyone, I'm just updating you all as always :)This pattern will more than likely turn into a bullish 5-0, I suggest everyone closes their position around 0.76200.
Trade fermée: cible de profit atteinte
Very successful trade, resulting in 120 pips profit. I'll now be looking to go long (see the chart below for details).
📈 Master the Art and Science of Trading: sixfigurecapital.com
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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.
📈 Master the Art and Science of Trading: sixfigurecapital.com
Publications connexes
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.