jdenham24

Potential EURUSD Weekly Bearish Shark Setup

FX:EURUSD   Euro / U.S. Dollar
I have spotted a weekly bearish shark on EURUSD that may play out. It would be more likely to complete at the top of the zone around the 1.20000 area. As it is the most traded currency pair, it can be harder to analyze and anticipate its next move, however it has been on a long bullish run and may be approaching a time for a slight pull back before going bullish once again. It is a waiting game, but still looking for longs until shown otherwise.
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.