Euro / Franc SwissPenjualan
EUR/CHF - Bearish Shark
Hello traders, here we have EUR/CHF with a bearish shark pattern on the 4h chart.
This is an excellent shorting opportunity with over 1:2 risk to reward!
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, after a successful short.
To add to this short position check out my analysis on the daily chart below.
Price seems to be respecting key levels... We've just hit the top of a descending channel, I'm expecting further downside movement.
Feel free to connect with me below :)
This is an excellent shorting opportunity with over 1:2 risk to reward!
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, after a successful short.
To add to this short position check out my analysis on the daily chart below.
Price seems to be respecting key levels... We've just hit the top of a descending channel, I'm expecting further downside movement.
Feel free to connect with me below :)
📈 Master the Art and Science of Trading: sixfigurecapital.com
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📈 Master the Art and Science of Trading: sixfigurecapital.com
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.