Long

This is the kind of Trading Setup that I go Aggressive!

The Bullish Shark Pattern is yet to be confirmed, but it went lower than PRZ, which is seen as a warning sign for most. However, I see it as an opportunity that I don't want to miss out on.

Here are some key points that I wanted to highlight:

- The Terminal Bar produced a long shadow that provided Cover Support, which means that the level is not broken.

- On the 1-hourly chart, we can see RSI divergence.

- There's a sideway bounce setup on the 4-hourly chart, which can be attributed to a combo trade.

As you know, I'm a nurtured conservative trader, but once I see an opportunity like this, I turn into an aggressive trader. So, I'm quite excited about this.

What's your take on this?

RaynLim

🕒 15mins workday for Young Parents
🏦 Qualify Junior Analyst within 90days
🎤 Keynote Speaker

Get into our 15mins workday community
discord.gg/AKDr9vPqH7

Live session & Trading Tips on the GO
instagram.com/raynlim/

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

RaynLim

Also on: