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RaynLim
Sep 5, 2021 4:59 PM

EURUSD-Weekly Market Analysis-Sep21,Wk2 Short

Euro Fx/U.S. DollarFXCM

Description

Two Harmonic Patterns Converge at 1.1892. I'm waiting for a retest at that level for a shorting opportunity on the Bearish Shark and Bearish Crab Pattern.

Both Shark Pattern and Crab Pattern is a counter-trend setup and it is more likely for this pattern to consolidate, retest and retest before the actual move.

Once the market retest the Bearish Channel, it will be a great idea to shift stop-loss to entry.
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