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Short

An Analysis EURUSD : Channeling with Potential Shark Pattern

FX:EURUSD   Euro / U.S. Dollar
Usually I dont post trade ideas based on shark patterns.

The reason is Sharks can complete between 0.886 & 1.13 which makes traders to get confused when to enter. So if you guys have traded sharks successfully & have own set of ratio's : this trade idea is for you only.

EURUSD             is channeling for sometime and the recent close below our trendline put us on alert.
So being conservative traders lets wait for pullback in 4h or Hourly charts to retest our trendlines and we can enter short in EURUSD             and book profits around completion of D point.

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Happy Weekend & Happy Trading !!
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