EUR/CHF - Bearish Shark

Hello traders, here we have EUR/CHF with a bearish shark pattern on the 4h chart.

This is an excellent shorting opportunity with over 1:2 risk to reward!

The measurements for a valid shark are detailed below.
C: 1.13 - 1.618
D: 1.618 - 2.24
Final X to D: 0.886 - 1.13

This pattern could potentially turn into a 5-0 in the near future, after a successful short.

To add to this short position check out my analysis on the daily chart below.

snapshot

Price seems to be respecting key levels... We've just hit the top of a descending channel, I'm expecting further downside movement.

Feel free to connect with me below :)
Bearish Sharklewglasgowlewisglasgowsix000sixfigurecapital

📈 Master the Art and Science of Trading: sixfigurecapital.com
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