GBPAUD - bearish shark
GBPAUD - seems bearish shark pattern. The Shark pattern can be seen as a type of exhaustion pattern. Within the context of a bearish Shark pattern, the price makes a move to the to the downside which with the initial target set just above point A of the pattern. The second target will be set just above point B of the pattern.
Always use stoploss to minimize your risk.
Always use stoploss to minimize your risk.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.