Hi Guys,
A potential bearish shark pattern is taking shape and almost at completion/ entry point. Entry level being 88.6 to 1.13 at point D .. I've taken the entry point on the chart as far as the shark pattern will still stay valid...i.e the BD line remaining between 1.618 and 2.24 ( I usually allow +- 0.10 on the fib ratios). Entry point aligns nicely with previous resistance.
Safe trading all
A potential bearish shark pattern is taking shape and almost at completion/ entry point. Entry level being 88.6 to 1.13 at point D .. I've taken the entry point on the chart as far as the shark pattern will still stay valid...i.e the BD line remaining between 1.618 and 2.24 ( I usually allow +- 0.10 on the fib ratios). Entry point aligns nicely with previous resistance.
Safe trading all