EUR/USD - H4 Possible long setup - Shark pattern projection
Price is breaking channel support, but a bullish divergence is present and if it remains, a bearish Shark pattern can be projected.
Wait for reversal bar pattern inside PRZ box (use H1 chart if necessary)
Others points that supports the reason to consider a long position:
- Bullish divergence is present on D1 chart
- A bearish Shark pattern on USD index and a bullish Shark pattern on EUR index are completed (both on H4 chart)
Wait for reversal bar pattern inside PRZ box (use H1 chart if necessary)
Others points that supports the reason to consider a long position:
- Bullish divergence is present on D1 chart
- A bearish Shark pattern on USD index and a bullish Shark pattern on EUR index are completed (both on H4 chart)
Commentaire:
On H1 chart, there is a bullish Shark pattern completed and pressuring channel support, but no bull divergence yet…
