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LewisGlasgow
Sep 22, 2016 4:40 PM

EUR/AUD - Bullish Shark 做多

Euro Fx/Australian DollarFXCM

描述

We're looking at a complete bullish shark on a 4h chart for EUR/AUD, this is an excellent buying opportunity. To add to this I'm currently bullish on EUR/JPY with another harmonic pattern, you can find my analysis in the related ideas section below.

Just before anyone points out I am fully aware the C point extends the 1.618 retracement but the candlesticks have all closed below it.

The measurements for a valid shark are detailed below.
C: 1.13 - 1.618 (Price has spiked just above 1.618)
D: 1.618 - 2.24
Final X to D: 0.886 - 1.13

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评论
my.self.juni
it may fall 1.4575 to retest the support zone. Although 1.4550 is nice buying area.
LewisGlasgow
Yes it may happen to clear out the buyers before going long, waiting patiently for now.
my.self.juni
what about my description ? the last test is 1.4546...
LewisGlasgow
I agreed with the concept, well spotted
mirfanrais
great analysis.
LewisGlasgow
Thank you :)
BOOgiiee
bullish cypher at H4 also
LewisGlasgow
Yeah I also noticed that too, I'm sidelined at the moment
fali4209
I doubt this slot buddy I think it's going down more Sam with ga
LewisGlasgow
Yeah possibly but looking at the daily timeframe it looks ready to reverse, I'm still waiting for extra confirmation
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