EURUSD - Potential bearish shark pattern

10 thg 6, 2017

There is a potential bearish shark pattern on EURUSD that would complete up at 1.12455, which looks to me to be a retest of a broken support/resistance level.

If EURUSD can pull back up to 1.12455 I'm entering short and aiming for the bearish targets from the daily chart (two patterns)
- Bearish Wolfe Wave (yellow) Geo's Off-Set Rule #3 target (1.09058)
- Bearish Harmonic Bat (purple) standard 0.382 and 0.618 targets (1.09241 and 1.07012)

15 thg 6, 2017

Ghi chú

FOMC nonsense wrecked my shark entry, but reinforcing my bias for a short is another bearish Wolfe wave on the 4-hour:

15 thg 6, 2017

Ghi chú

Aggressive entry on the 30-min below the trendline


Conservative entry on the 4-hour on the break and retest of the trendline

15 thg 6, 2017

Ghi chú

For the record I'm already short. Stop at 1.13, original targets from the daily.
Good luck all! :-)

15 thg 6, 2017

Ghi chú

30-min breakdown

16 thg 6, 2017

Ghi chú