It's been a while since I posted, spotted this completed shark pattern.
Price closed slightly above PRZ, I think it's fine.
RSI has already hit overbought level, similarly for H1 time frame, I can see some reversal now.
High R:R at 2.9 (TP1) and 5.2 (TP2).
I might not aim for TP2, will update along the way.
It's okay to short now based on H1 time frame.
Price closed slightly above PRZ, I think it's fine.
RSI has already hit overbought level, similarly for H1 time frame, I can see some reversal now.
High R:R at 2.9 (TP1) and 5.2 (TP2).
I might not aim for TP2, will update along the way.
It's okay to short now based on H1 time frame.
Trade closed: stop reached
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.
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.