An Analysis EURUSD : Channeling with Potential Shark Pattern

Usually I dont post trade ideas based on shark patterns.

The reason is Sharks can complete between 0.886 & 1.13 which makes traders to get confused when to enter. So if you guys have traded sharks successfully & have own set of ratio's : this trade idea is for you only.

EURUSD is channeling for sometime and the recent close below our trendline put us on alert.
So being conservative traders lets wait for pullback in 4h or Hourly charts to retest our trendlines and we can enter short in EURUSD and book profits around completion of D point.

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Happy Weekend & Happy Trading !!