A bearish shark pattern completing at 71.44 setups for a trend trading opportunity. It is also my prefered set up to engage and fulfil my longer-term trade plan.
However, if the market dip further, it will invalid the shark and give an ABCD pattern at 69.91 is set up for a countertrend trade. An RSI and candle confirmation is required for the ABCD Pattern.
RSI is critical in this scenario.
What's your trade plan?
Comment down below.
However, if the market dip further, it will invalid the shark and give an ABCD pattern at 69.91 is set up for a countertrend trade. An RSI and candle confirmation is required for the ABCD Pattern.
RSI is critical in this scenario.
What's your trade plan?
Comment down below.
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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.