A Bullish Shark Pattern has taken place on both 1-hourly and 15minutes charts of GBPAUD.
The market has reached and touched the 5-0pattern formation at 1.8358. If you like the deal to be sweetened, you can wait for the retest at 1.8366 without closing above 1.8368 for a shorting opportunity at the retest of the previous high.
Some traders would read the retest as double top, but it is not a double top.
The market has reached and touched the 5-0pattern formation at 1.8358. If you like the deal to be sweetened, you can wait for the retest at 1.8366 without closing above 1.8368 for a shorting opportunity at the retest of the previous high.
Some traders would read the retest as double top, but it is not a double top.
Trade closed manually
Manual Close: 1.8343(+15)Trade consolidate for too long, I'm not comfortable
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🕒 15mins workday for Young Parents
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🏦 Qualify Junior Analyst within 90days
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Get into our 15mins workday community
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Live session & Trading Tips on the GO
instagram.com/raynlim/
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.