Possible FORMING of Bearish Shark Pattern
GBP have been in bad shape for very long... looking at the chart... there is a possible pin bar forming in 4H chart. And it seems like 1.48911 is a strong level... if the current bar can close above the level. It will signal possible long trade.
But to be careful since price have not hit the center point of the pattern, therefore there is a chance that the pattern will be invalidated.
Cheers!!!
But to be careful since price have not hit the center point of the pattern, therefore there is a chance that the pattern will be invalidated.
Cheers!!!
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.