Euro / U.S. Dollar
Short
Updated

EURUSD - Potential bearish shark pattern

135
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) snapshot
- 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)

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

snapshot
Note
Aggressive entry on the 30-min below the trendline
snapshot

Conservative entry on the 4-hour on the break and retest of the trendline
snapshot
Note
For the record I'm already short. Stop at 1.13, original targets from the daily.
Good luck all! :-)
Note
30-min breakdown
snapshot
Note
snapshot

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