Price is getting near to the Final Point of Shark Pattern. Once price hit "Potential Reversal Zone", prior to entering any short position, I am looking for the price to meet the min condition which at least need to break thru the trendline, and spot for price action candle stick pattern.
From Point C to Point It has been an impulse upward wave move.. Therefore I have a tendency to believe that the price is to do a retracement prior to next up move.
Stay tune for this! Cheers!
From Point C to Point It has been an impulse upward wave move.. Therefore I have a tendency to believe that the price is to do a retracement prior to next up move.
Stay tune for this! Cheers!