Shark Pattern, this is what shark pattern really is. If you got stung out on the same shark pattern and once it has grown into the next entry price, the textbook case suggest that you should still engage the trade should the candlestick confirmation come by.
Compare to its peers, USDJPY, this is the more well-liked set-up as it was a trend trading setup, unlike the USDJPY, counter-trend setup.
I will have to wait for the candle to close at 9 pm (+8GMT) which is 16:00(UTC +3). If a pin bar, or long shadow I will be looking for a shorting opportunity.
Compare to its peers, USDJPY, this is the more well-liked set-up as it was a trend trading setup, unlike the USDJPY, counter-trend setup.
I will have to wait for the candle to close at 9 pm (+8GMT) which is 16:00(UTC +3). If a pin bar, or long shadow I will be looking for a shorting opportunity.
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Get into our 15mins workday community
discord.gg/AKDr9vPqH7
Live session & Trading Tips on the GO
www.tiktok.com/@raynlim
