Hello traders, it appears AUD/NZD is now completing a bearish shark pattern on the 4h chart. This is an excellent opportunity with a potential 200+ pip return!
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
I'm seeing signs of divergence, confirming the reversal at 1.07200.
To further validate this move I have been watching AUD/JPY for two months and it is now ready to sell (chart shown below).
I hope you all have a great week of trading :)
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
I'm seeing signs of divergence, confirming the reversal at 1.07200.
To further validate this move I have been watching AUD/JPY for two months and it is now ready to sell (chart shown below).
I hope you all have a great week of trading :)
הערה:
Valid head and shoulders pattern on the 1h chart, price has broke the neckline... This is an excellent entry point to get into this move!
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