TerryHarmonicTrading

EURUSD - Bigger shark in play now with PRZ@ 1.21

Short
OANDA:EURUSD   Euro / U.S. Dollar
The way EURUSD is rising, I highly doubt it will turn at 1.18 as per my view few days back.

It has also broken the H4 channel.

I will be waiting for potential shorts when it completes the shark pattern close to 1.21.

Let's be patient and ride our profits on GBPUSD and CADCHF.
Comment:

I am looking forward to a retest of this 1.1670- 1.1680 zone to buy into EURUSD.

Today is Monday, I am in no hurry to get into new trades yet.

Looking forward to a bullish end to Nov for EURUSD.
Comment:

EURUSD is now trending in this h4 channel, heading towards my target at 1.21.

An effective way to trade Eurusd next week is to wait for a pullback into the lower boundaries of this channel to go long.

Stops will go below the previous swing low.

Do not go long around the highs, be patient.

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