USD/CHF H4 - Shark / 5-0 combo projection
- Divergence present suggesting the uptrend continuation. A Bear shark pattern can be projected.
- Bullish pin bar is present so a trade can be taken.
My trade:
Entry @ 0.98570
SL @ 0.98298
If patterns complete: Wait for divergence + reversal bar pattern inside PRZ.
- Bullish pin bar is present so a trade can be taken.
My trade:
Entry @ 0.98570
SL @ 0.98298
If patterns complete: Wait for divergence + reversal bar pattern inside PRZ.
Note
- Trade is positive and SL moved to a secure support.- Bear divergence is present but no reverse bar pattern yet, so the trade remain open.
- Preparing for a possible short position.
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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.
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.