I found a quite a pleasant surprise on EUR/NZD pair - there is a variety of patterns forming which indicate a possible long on EUR/NZD.
Since I haven't mastered the fibonacci of this platform yet, I will explain about the measures of the Shark pattern and how can it be traded:
B has to a least reach 38.2 retracement from AB (it does not matter whether the tail or the bar itself touches it).
C has to be atleast 113 and not goes above 161.8 from X-A retracement.
D has two conditions. The first is that D must be from 161.8 to 224 B-C retracement and the second is that D must be in the area from 88.6 to 113 X-C retracement.
ATTENTION: The shark pattern is a harmonic pattern so it is not a good idea to trade it with a pending order BUT wait for the proper signal to go long.
Since I haven't mastered the fibonacci of this platform yet, I will explain about the measures of the Shark pattern and how can it be traded:
B has to a least reach 38.2 retracement from AB (it does not matter whether the tail or the bar itself touches it).
C has to be atleast 113 and not goes above 161.8 from X-A retracement.
D has two conditions. The first is that D must be from 161.8 to 224 B-C retracement and the second is that D must be in the area from 88.6 to 113 X-C retracement.
ATTENTION: The shark pattern is a harmonic pattern so it is not a good idea to trade it with a pending order BUT wait for the proper signal to go long.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.