RaynLim

EURJPY - Bearish Shark

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FX:EURJPY   Euro/Japanska yen
Do you remember the Bearish Shark setup that I've shared on 15 March 2021?

Well, I don't remember the exact date, but tradingview does. That's 1 thing I love about tradingview.

It helps traders to differentiate the real trader apart from those who just do screenshots that are favourable to their desired outcome.

For those who have engaged on the Shark Pattern on the weekly chart, right now it is giving you 338pips(approx. 3,380USD) of running profits, from a 579pips(approx. 5,790UDF) retracement.

Check out the link at the bottom of the tradingview post.

At this moment there are 2 potential scenarios on its daily chart. A bullish bat completing at 126.00 as a trend trading setup or a Bearish Shark Pattern completing at 133.46 as a counter-trend trade.

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