EURUSD 0140 Reversal Swing Trade Setup BULLS strong upside
🔸Hello traders, let's review the 4 hour chart for EURUSD. Weekly open gapped down so expecting more losses in this market before potential reversal off the lows on Wednesday/Thursday this week.
🔸Revised/updated outlook point C is 1.13 extension at 0140, other points include X at 0595, point A at 0220, point B at 0510, point D/PRZ at 0700.
🔸Currently most points validated, point C/PRZ still pending 0140, so traders should wait until we hit C before buying.
🔸Recommended strategy for EURUSD traders: wait for pullback/correction
to complete at point C near 0140, buy/hold, SL 60 pips, TP1 +200 pips TP2
+400 pips Final exit TP at 0700. BUY/HOLD at point C/PRZ at 0140. swing trade setup. only invalidated if we break below 0140 on high volume. good luck traders!
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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.
🔸Revised/updated outlook point C is 1.13 extension at 0140, other points include X at 0595, point A at 0220, point B at 0510, point D/PRZ at 0700.
🔸Currently most points validated, point C/PRZ still pending 0140, so traders should wait until we hit C before buying.
🔸Recommended strategy for EURUSD traders: wait for pullback/correction
to complete at point C near 0140, buy/hold, SL 60 pips, TP1 +200 pips TP2
+400 pips Final exit TP at 0700. BUY/HOLD at point C/PRZ at 0140. swing trade setup. only invalidated if we break below 0140 on high volume. good luck traders!
🎁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.
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💎algo based bots and signals
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.