This week, I'm leaning towards a shorting opportunity on EURUSD for a couple of reasons:
1. **Bearish Shark Pattern on Daily Timeframe:** The presence of a Bearish Shark Pattern on the daily timeframe suggests a potential downward movement in the price.
2. **Breakthrough of Bullish Gartley Pattern:** The Bullish Gartley Pattern on the 4-hourly chart breaking through the Potential Reversal Zone (PRZ) indicates a weakening bullish sentiment.
3. **Waiting for Retest:** I'll be patient and wait for the market to retest the resistance level at 1.09121 before entering a short position.
What are your thoughts on EURUSD? Share your trade plans and perspectives below!
Let's make this week a profitable one!
Happy Trading!
1. **Bearish Shark Pattern on Daily Timeframe:** The presence of a Bearish Shark Pattern on the daily timeframe suggests a potential downward movement in the price.
2. **Breakthrough of Bullish Gartley Pattern:** The Bullish Gartley Pattern on the 4-hourly chart breaking through the Potential Reversal Zone (PRZ) indicates a weakening bullish sentiment.
3. **Waiting for Retest:** I'll be patient and wait for the market to retest the resistance level at 1.09121 before entering a short position.
What are your thoughts on EURUSD? Share your trade plans and perspectives below!
Let's make this week a profitable one!
Happy Trading!
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www.tiktok.com/@raynlim