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RaynLim

EURUSD Trading Plan: Bearish Shark Pattern Retest

Short
Euro / U.S. Dollar (FX:EURUSD)  
RaynLim  
FX:EURUSD   Euro / U.S. Dollar
Harmonic Patterns Supply and Demand Shark askforex100 EURUSD Bearish Shark sharkpatterns trendtrading sellzone checkback candlestickpattern Contains IO script
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harmonicpatterns supplyanddemand sharkpattern askforex100 eurusd bearishshark sharkpatterns trendtrading sellzone checkback candlestickpattern containsioscript
In our EURUSD analysis, we are identifying a potential shorting opportunity for counter-trend traders. Here are the details:

1. Setup: Bearish Shark Pattern Retest
2. Timeframe: 1-Hourly Chart
3. Key Levels:
- Retest Level 1: 1.0852
- Retest Level 2: 1.0874

The Weekly Chart suggests a weaker bull trading setup, and on the 4-hourly chart, a bearish trend is noticeable. The Bearish Shark Pattern on the 1-hourly chart provides a counter-trend trading opportunity.

Feel free to share your thoughts on which retest level you find more suitable for a shorting opportunity.
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