BOREARIS

USD/CHF Bearish Shark 1 hour

USD/CHF 1 hourConfirmed Oct 13, 10:00 UTC+8
XABCDConfirmedClosedInvalid 0.83657Confirm 0.833130.83216Target 0.83105━ MA20 + Bollinger Bands ━ MA50 1 hour70503043.63━ RSI ━ 9MA0-0.00━ MACD ━ MACD Signal10/07 11:0010/08 10:0010/09 09:0010/12 08:0010/13 07:0010/14 06:00
XABCDConfirmedClosedInvalid0.83657Confirm0.833130.83216Target0.83105━ MA20 ━ MA5070503043.63━ RSI ━ 9MA0-0.00━ MACD ━ MACD Signal09 02:0012 10:0013 18:00

Gold line = the pattern's swing points; gold box = the confirmation candle; coloured lines = target and invalidation; blue = confirmation price.

Bearish Shark: Target hit

Target0.83105
Confirmation0.83313
Invalid at0.83657
Move+0.23%

Timeframe1 hour
ConfirmedOct 13, 10:00
ClosedOct 14, 06:00
Duration21.0 h
Reward / risk0.60

What this tells you

C overshoots the prior swing and D returns to 0.886-1.13 of the 0X leg, often a reversal after a sharp move.

Check it on the live chart

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Swing points

PointTime UTC+8Price
XOct 08, 17:000.83467
AOct 09, 06:000.82948
BOct 09, 21:000.83189
COct 12, 05:000.82869
DOct 13, 00:000.83487
ConfirmationOct 13, 10:000.83313

Recently closed Bearish Shark patterns: 6 in total, 4 reached the target first (67%), 2 were invalidated and 0 expired (small sample). Results by pattern →

Chart patterns are technical reference points, not trade recommendations. Past results do not guarantee future outcomes; trading involves risk.

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