NZDUSD - Bearish Shark
Counter-trend traders could wait for a Bearish Shark shorting opportunity at 0.7138. Trading from Point C to Point D of the Shark Pattern is a dream of many newbie Harmonic Pattern traders.
Well, you might just have an opportunity as the candle respect the trendline. You could wait for a 3-bar reversal on the 4hourly chart for a buying opportunity.
In this case, the 1st target will be at 0.6973, that would give you an opportunity to shift stops to entry.
Well, you might just have an opportunity as the candle respect the trendline. You could wait for a 3-bar reversal on the 4hourly chart for a buying opportunity.
In this case, the 1st target will be at 0.6973, that would give you an opportunity to shift stops to entry.
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