Here, we mentioned yesterday that we are likely gonna have an H4, Bullish Shark Pullback on the projected completion of Daily Bullish Butterfly(which is a future short position). Below is the reason: The pullback is here...and playing out well. Price is currently headed to mitigate the Order Block ( OB ) created at 1.9877 I personally do have a sell pending...
Projecting 900 pips drop from 1.9840 to 1.8709. However, caution must be taken for likely pullback to 1.9941 due to the bullish shark pattern likely to be completed at H4 timeframe.