LewisGlasgow
Short

EUR/NZD - Bearish Shark (500+ Pips)

FX:EURNZD   Euro / Neuseeländischer Dollar
Hello traders, here we have EUR/NZD with a bearish shark pattern on the 4h chart.

This is an excellent shorting opportunity with over 1:3 risk to reward, don't miss out on this one!

The measurements for a valid shark are detailed below.
C: 1.13 - 1.618
D: 1.618 - 2.24
Final X to D: 0.886 - 1.13

The D point forms at a strong level of resistance, therefore it is unlikely this pattern will form at an X to D of 1.13.

This pattern could potentially turn into a 5-0 in the near future, after a successful short.

Feel free to connect with me below :)
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wow nice setup.
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@vickeyfhm, thank you!
+1 Antworten
Thanks! when is target expected? lots of date comming out abiut nz tonight...
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JackV.DerSchlesien JackV.DerSchlesien
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LewisGlasgow JackV.DerSchlesien
@JackV.DerSchlesien, we're currently 300 pips out, I'm expecting it to reach target 2 weeks from now.
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