ProjectSyndicate

EURUSD BEST level to SHORT 200/400 points(NEW)

Short
FX:EURUSD   Euro / Dollar Américain
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So without further due. Keep it short/simple and to the point.

EURUSD BEST level to SHORT 200/400 points(NEW)
IMPORTANT NOTE: this is speculative setup.
results not guaranteed. do your own due dill.
at all times please use a stop loss.

Ok guys, this is EURUSD 3h/4h charts (left/right).

A few words on retail sentimenet:
we got a balanced sentiment right now
30 000 lots short // 30 000 lots long.

Ok so back to the 3hour chart, we got
a speculative BEAR XABCD setup, point D
is near 1060, which is the best spot to
short EURUSD right now.

2nd option on the right: price compressing
into symmetrical triangle, breakdown more
likely, why? because we are coming from
a strong prior downntrend. bullish setups
don't work in downtrends.

so based on 2nd option, breakdown will happen
within next 4-8 days. TP bears is 1.0500.

recommended strategy: baed on price action,
either wait for option1 to short from higher
price, or if you are tracking option2, wait
for rejection / pin bar on H4 chart and short
it with tight stop loss.

good luck traders.

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