EURUSD Bearish Shark in Progress

The 4h chart exhibits an imperfect bearish shark that could give us between 100 and 150 pips upwards up to 1.1200 in the next 5-10 trading days. And more than 200 hundred pips on the way down. The price is somewhere in the mid of the downtrend channel on the weekly chart. It's been declining gradually in the past months and will possibly continue doing that down to 1.06 - 1.04.