Euro / U.S. DollarShort
EURUSD - Bearish shark to retest week high for Euro?
Same as Aussie, I am expecting one more rally for EURUSD this week before any further weakness.
I see a potential bearish shark completing at around 1.1340-1.1350.
We can either wait to short the shark or do a buy from C-D.
The C-D move will be riskier but comes with decent R:R.
For shorts after bearish shark is completed, SL has to go above XC 1.27, targets will be at CD 0.5 and 0.886.
Good luck and good trading!
I see a potential bearish shark completing at around 1.1340-1.1350.
We can either wait to short the shark or do a buy from C-D.
The C-D move will be riskier but comes with decent R:R.
For shorts after bearish shark is completed, SL has to go above XC 1.27, targets will be at CD 0.5 and 0.886.
Good luck and good trading!
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.