Opportunity to Short CD leg of Potential Bullish Shark Pattern
It is risky but it is a very nice R:R. The target zone is a confluence of a bullish shark completion, an AB=CD pattern completion, the 50% retracement of the larger bullish move, as well as an area with some previous structure as a cherry on top. I will definitely be interested in longing from this area should the opportunity present itself.
(Note: the shark pattern may extend all the way to the 2.24 so it is important to watch price action in the rectangle to determine when to switch sides)
(Note: the shark pattern may extend all the way to the 2.24 so it is important to watch price action in the rectangle to determine when to switch sides)
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Securing some pips and leaving the rest of the trade risk free. How far can it go?
Securing some pips and leaving the rest of the trade risk free. How far can it go?
Here we gooo(?)