eurusd h8 short rips/rallies tp 0750
Updated
🔸Hello traders, let's review the 8hour chart for EURUSD today. Recently heavy
rejection from overhead resistance at 1100, now trading near 1000, limited upside
going forward and expecting more losses in this market.
🔸Price control line in red previously price was supported at 0575 and 0720, however
we got a clean breakdown at 0885 and subsequently price was rejected near 1100
and right now correction in progress.
🔸Recommended strategy for EURUSD traders: bear flagging, focus on short selling rips
rallies toward 1000, TP bears is +150 pips TP2 final exit +250 pips at 0750. good luck!
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RISK DISCLAIMER:
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Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
rejection from overhead resistance at 1100, now trading near 1000, limited upside
going forward and expecting more losses in this market.
🔸Price control line in red previously price was supported at 0575 and 0720, however
we got a clean breakdown at 0885 and subsequently price was rejected near 1100
and right now correction in progress.
🔸Recommended strategy for EURUSD traders: bear flagging, focus on short selling rips
rallies toward 1000, TP bears is +150 pips TP2 final exit +250 pips at 0750. good luck!
🎁Please hit the like button and
🎁Leave a comment to support our team!
RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
Comment
bear flag in progressComment
gold market strategic outlook 2024
Trade closed: target reached
TP1 hit+ 150 pips TP2 final exit +250 pipscongrats if you followed
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