Lewis Glasgow
SixFigureCapital Representative
- Messages
- 64
Harmonic Trading (27 April 2017)
EUR/NZD: Bearish Shark
What's up everyone, price has now formed a bearish shark pattern on the 4h chart.
This is an excellent trading opportunity with over 1:4 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
Entry: 1.59050
SL: 1.60550
TP: 1.52200
Click here to view my original analysis on TradingView.
EUR/NZD: Bearish Shark
What's up everyone, price has now formed a bearish shark pattern on the 4h chart.
This is an excellent trading opportunity with over 1:4 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
Entry: 1.59050
SL: 1.60550
TP: 1.52200
Click here to view my original analysis on TradingView.