AUDEUR : Bullish Shark Formation, Double bottom - 4h
AUDEUR : Bullish Shark Formation, Double bottom
On 4h/6h timeframe, Pair shows formation and completion of shark pattern at 224 extension.
Min retracement of 38.2 is expected and eventually 50% and 61.8%
Double bottom is spotted, so it may carry equal measure move which coincides with 50% retracement, which creates a good confluence.
On 4h/6h timeframe, Pair shows formation and completion of shark pattern at 224 extension.
Min retracement of 38.2 is expected and eventually 50% and 61.8%
Double bottom is spotted, so it may carry equal measure move which coincides with 50% retracement, which creates a good confluence.