Hello Friends
When we look at the chart daily, there is a shark bull formation.
It is very risky to enter the trade before the bulky momentum arrives. Risk money management is very important in such transactions.
There are technical levels on the chart.
TP1:0.00002811
TP2:0.00003600
Entry level to trade :0.00002291 (at 4 Hour candle close)
Stop los: 0.00001842 (Based on my own money management)
IT IS NOT INVESTMENT ADVICE. IF YOU
BENEFIT FROM ANALYSIS, DON'T FORGET
TO LIKE AND FOLLOW 👍👍👍👍 IF THERE IS SOMETHING WRONG WITH THE FORMATION, YOU CAN ALSO BE AWARE.
📗📗EDUCATIONAL PURPOSES📗📗
Shark Bull Formation ( Bullish Shark Pattern)
EU foot, OX foot on the 113% - from 161.8%
prolong BC feet, OXI foot of extending to beyond the far 113'ü% OX foot
BCR foot of the AX 161.8% - is an extension 224'lük%
OTHERS unlike harmonic patterns, operations are entered as follows: Targets can be 61.8% of BC with
incoming stops at 88.6% of the input OX leg and at point C
When we look at the chart daily, there is a shark bull formation.
It is very risky to enter the trade before the bulky momentum arrives. Risk money management is very important in such transactions.
There are technical levels on the chart.
TP1:0.00002811
TP2:0.00003600
Entry level to trade :0.00002291 (at 4 Hour candle close)
Stop los: 0.00001842 (Based on my own money management)
IT IS NOT INVESTMENT ADVICE. IF YOU
BENEFIT FROM ANALYSIS, DON'T FORGET
TO LIKE AND FOLLOW 👍👍👍👍 IF THERE IS SOMETHING WRONG WITH THE FORMATION, YOU CAN ALSO BE AWARE.
📗📗EDUCATIONAL PURPOSES📗📗
Shark Bull Formation ( Bullish Shark Pattern)
EU foot, OX foot on the 113% - from 161.8%
prolong BC feet, OXI foot of extending to beyond the far 113'ü% OX foot
BCR foot of the AX 161.8% - is an extension 224'lük%
OTHERS unlike harmonic patterns, operations are entered as follows: Targets can be 61.8% of BC with
incoming stops at 88.6% of the input OX leg and at point C
Trade active
Trade closed: target reached