Trade Ideas Position: NZDJPY Shark
Well this setup is interesting, it has a bearish shark setup and the light red box you see is not the PRZ of shark, that is the equal distant move indicated by the blue line. A way that I trade.
So the estimation of completion of the blue line and shark completion is closed so I've decided to box it up and observe the movement, the candle close before I engage the trade.
The real ABCD Pattern completes at the much higher price which still falls into the valid setup of the shark pattern. Yes! Shark Pattern is a crafty 1, if one is not ready to tame the beast, shouldn't trade shark.
So the estimation of completion of the blue line and shark completion is closed so I've decided to box it up and observe the movement, the candle close before I engage the trade.
The real ABCD Pattern completes at the much higher price which still falls into the valid setup of the shark pattern. Yes! Shark Pattern is a crafty 1, if one is not ready to tame the beast, shouldn't trade shark.
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Get into our 15mins workday community
discord.gg/AKDr9vPqH7
Live session & Trading Tips on the GO
tiktok.com/@raynlim
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