Euro / U.S. Dollar
Short

EURO-DOLLAR, Counter-Trend Opp.

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EURO-DOLLAR has a Counter-Trend Trading Opportunity(left). Traders looking for a counter-trend trading opportunity could wait for the market to retest to 1.0975 for a shorting opportunity. This is possible not because of the Bearish Shark Pattern Trading Opportunity, but a retest of resistance on the Weekly Chart.

If this is not for you, then perhaps the Bullish Bat(red)(right) or the Bullish Shark(right) gives you, a trend trader, an opportunity to engage.

So, what is what? If you have that question, focus on 1 and not engage on both.

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