AUDNZD - Bearish Shark Pattern on Daily Chart (2 PRZs)
A shark pattern might be completing next week.
This shark pattern has 2 PRZs, do take note.
RSI is about to reach overbought level.
In my opinion, PRZ 1 seems to be a strong resistance level, where price is more likely to retrace.
Excellent R:R
PRZ 1 : 3.8 (TP1) and 6.8 (TP2)
PRZ 2 : 4.1 (TP1) and 7.3 (TP2)
Will update with upcoming news that affect AUDNZD and if pattern completes.
Have a good weekend.
This shark pattern has 2 PRZs, do take note.
RSI is about to reach overbought level.
In my opinion, PRZ 1 seems to be a strong resistance level, where price is more likely to retrace.
Excellent R:R
PRZ 1 : 3.8 (TP1) and 6.8 (TP2)
PRZ 2 : 4.1 (TP1) and 7.3 (TP2)
Will update with upcoming news that affect AUDNZD and if pattern completes.
Have a good weekend.
Catatan
Price has reached the first point of PRZ 1.Catatan
2nd point of PRZ 1 hit, awaiting for current candle to close and observe the next.Trade aktif
Market execution at 1.07145Catatan
Currently at about 40+ pips profit.Catatan
Currently at about 60 pips profit, I am still holding my short position.Catatan
Shifted SL to breakeven, risk-free trade now.
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.