EURUSD H4: Accumulation/strong chart / BUY LOW TP +300(NEW)

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EURUSD H4: Accumulation/strong chart / BUY LOW TP +300(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as SJPRT as I'm expecting a
SHORT/LONG sequence in this market.

🔸 Summary and potential trade setup
::: EURUSD 4hour/candle chart review
::: accumulation in progress
::: strong chart / bullish outlook
::: previously BULL trap near 2000
::: currently will setup BEAR trap
::: near 1695/1705
::: recommend to BUY LOW
::: recommended strategy: BUY LOW 1695/1705
::: TP BULLS is +300 pips on SWING
::: higher risk strategy: SHORT IT NOW
::: SL 40 TP is 1695/1705
::: this is higher risk / recommend to short instead
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment short-term: BEARS
::: Sentiment outlook mid-term: BULLS
::: Retail: 85 000 lots SHORT 25 000 lots LONG
::: Outlook/retail: BULLISH

Commentaire:

BOOM! already down almost 100 pips.