GBPUSD - Bearish Shark
Yes, this post is about a Bearish Shark setup, but check out the daily chart on the link within tradingview, you will see that the market respects the ABCD Pattern at its HOP level, 1.2186. A counter-trend move on the daily chart.
The intraday traders can wait for a pullback within the cyan box that's marked buy zone for a buying opportunity.
You can observe how the candlestick interacts with the buy zone. One of the levels you have to observe is the candlestick formation at the Shark Pattern completion price.
The intraday traders can wait for a pullback within the cyan box that's marked buy zone for a buying opportunity.
You can observe how the candlestick interacts with the buy zone. One of the levels you have to observe is the candlestick formation at the Shark Pattern completion price.
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