EURUSD SHARK HARMONIC PATTERN

2020-02-28 00:26:23


EURUSD has met my requirements for a Harmonic SHARK Pattern.

~Price has respected my Entry and moved towards the first Target. Looking for Elliot Wave completion around Target 2. Expectging a massive shift towards the downside. Patiently waiting for price reaction.
- Entry is around 1.08200 , using the 1.618 from the Fibonacci
- Divergence is appearing on the 4HR RSI
- Bullish Engulfing breaking the trend is verifying my entry.
- Target 1 is around 1.10950 (Target Reached!)
- Target 2 is around 1.0600

As always if you found this idea helpful, please let me know by hitting that like button and/or leaving me a comment below.
Also feel free to share your opinion on this setup, or other setups that you have on your radar for the EURUSD. The more ideas we can generate the more informative these ideas become for newer traders.
~T$