Euro / U.S. Dollar
Short

EURUSD-Weekly Market Analysis-Sep21,Wk2

211
Two Harmonic Patterns Converge at 1.1892. I'm waiting for a retest at that level for a shorting opportunity on the Bearish Shark and Bearish Crab Pattern.

Both Shark Pattern and Crab Pattern is a counter-trend setup and it is more likely for this pattern to consolidate, retest and retest before the actual move.

Once the market retest the Bearish Channel, it will be a great idea to shift stop-loss to entry.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.