In our EURUSD analysis, we are identifying a potential shorting opportunity for counter-trend traders. Here are the details:
1. Setup: Bearish Shark Pattern Retest
2. Timeframe: 1-Hourly Chart
3. Key Levels:
- Retest Level 1: 1.0852
- Retest Level 2: 1.0874
The Weekly Chart suggests a weaker bull trading setup, and on the 4-hourly chart, a bearish trend is noticeable. The Bearish Shark Pattern on the 1-hourly chart provides a counter-trend trading opportunity.
Feel free to share your thoughts on which retest level you find more suitable for a shorting opportunity.
1. Setup: Bearish Shark Pattern Retest
2. Timeframe: 1-Hourly Chart
3. Key Levels:
- Retest Level 1: 1.0852
- Retest Level 2: 1.0874
The Weekly Chart suggests a weaker bull trading setup, and on the 4-hourly chart, a bearish trend is noticeable. The Bearish Shark Pattern on the 1-hourly chart provides a counter-trend trading opportunity.
Feel free to share your thoughts on which retest level you find more suitable for a shorting opportunity.
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