Don't feel bad if you have missed the Bearish Shark Pattern movement, especially if you have deliberately avoided it.
I believe you would have regretted if you had long instead of shorting the Shark Pattern because you saw the news that the Bank of England had planned to increase the bank interest rate.
It is important that you know to stay out of news trading, and now you have seen why.
It's indeed a pity that by avoiding the news, we had missed 84pips of market movement. But, I actually feel good about it.
Trading doesn't require us to take unnecessary risks, remember that.
Because we are patient, there is a Bearish Deep Gartley Pattern complete at 1.3206 for us to consider to short the GBPUSD on this setup.
How have you managed the BOE rate released? Comment down below and share it with us.
I believe you would have regretted if you had long instead of shorting the Shark Pattern because you saw the news that the Bank of England had planned to increase the bank interest rate.
It is important that you know to stay out of news trading, and now you have seen why.
It's indeed a pity that by avoiding the news, we had missed 84pips of market movement. But, I actually feel good about it.
Trading doesn't require us to take unnecessary risks, remember that.
Because we are patient, there is a Bearish Deep Gartley Pattern complete at 1.3206 for us to consider to short the GBPUSD on this setup.
How have you managed the BOE rate released? Comment down below and share it with us.
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🏦 Qualify Junior Analyst within 90days
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🕒 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/
🏦 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/
Related publications
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.