🔸Hello traders, let's review the 12 hour chart for EURUSD. Strong gains off the lows recently, however price getting overextended and expecting reversal later at/near PRZ/B.
🔸Speculative XABCD structure defined by point X 1140 point A 0240 point B 0935 point C 0425 point D/PRZ 1390 still pending. C also pending.
🔸Advanced short from point B targeting point C of the sequence.
Higher risk trade setup, use protective SL and adjust to PE at +50 pips.
🔸Recommended strategy for EUR traders: short sell rips / short sell
at market now, target is +250 pips or point C of the XABCD structure.
Later will update the setup for the BULLS for a potential ride to 1390.
🎁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.
🔸Speculative XABCD structure defined by point X 1140 point A 0240 point B 0935 point C 0425 point D/PRZ 1390 still pending. C also pending.
🔸Advanced short from point B targeting point C of the sequence.
Higher risk trade setup, use protective SL and adjust to PE at +50 pips.
🔸Recommended strategy for EUR traders: short sell rips / short sell
at market now, target is +250 pips or point C of the XABCD structure.
Later will update the setup for the BULLS for a potential ride to 1390.
🎁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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taplink.cc/black001
💎Syndicate Black
⚡️Gold/Forex auto-trading bot
📕MyFXBOOK verified 500%+ gains
💎GOLD EA target 100%+ gains/week
🚀supercharge your trading
💎75% win rate free gold signals
t.me/syndicategold001
💎Syndicate Black
⚡️Gold/Forex auto-trading bot
📕MyFXBOOK verified 500%+ gains
💎GOLD EA target 100%+ gains/week
🚀supercharge your trading
💎75% win rate free gold signals
t.me/syndicategold001
Related publications
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.