2 Sharks ๐ฆ (Bearish to bullish)
USDCHF - Price created a new weekly low at the .886 from the previous low.
Weekly PA is bullish so I expect price to reject from this zone and head towards the highs (Or at least the quaterpoint the red line).
We have a Daily shark pattern that completed right on the weekly low and we have a break in the lower TF bearish momentum.
We have a 1H BOS which is another indicator of a possible reversal, so I will wait for the price to return towards the D point/lows and then start looking to take this long.
Whats your thoughts?
Weekly PA is bullish so I expect price to reject from this zone and head towards the highs (Or at least the quaterpoint the red line).
We have a Daily shark pattern that completed right on the weekly low and we have a break in the lower TF bearish momentum.
We have a 1H BOS which is another indicator of a possible reversal, so I will wait for the price to return towards the D point/lows and then start looking to take this long.
Whats your thoughts?
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