🔸Hello traders, let's review the 4 hour chart for EURUSD today. Noteworthy compression
into the wedge structure in progress, we got a sequence of higher highs and lower lows.
overall bullish chart, however expecting pullback from overhead resistance.
🔸Short-term expecting more gains to re-test and print a new higher high at/near
1080. bulls maintain short-term control, however bears will likely take over from
overhead resistance near 1080 later.
🔸Recommended strategy for EURUSD bears: wait for the final pump and re-short
from overhead resistance near 1080. fixed SL 40 pips. TP1 +150 pips TP2 +250 pips.
final exit / bears is 0830/0840. swing trade setup, will take more time. good luck!
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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.
into the wedge structure in progress, we got a sequence of higher highs and lower lows.
overall bullish chart, however expecting pullback from overhead resistance.
🔸Short-term expecting more gains to re-test and print a new higher high at/near
1080. bulls maintain short-term control, however bears will likely take over from
overhead resistance near 1080 later.
🔸Recommended strategy for EURUSD bears: wait for the final pump and re-short
from overhead resistance near 1080. fixed SL 40 pips. TP1 +150 pips TP2 +250 pips.
final exit / bears is 0830/0840. swing trade setup, will take more time. 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.
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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.
taplink.cc/prsyndicate
💎algo based bots and signals
⚡️forex/crypto/memecoins/stocks
📕full-auto FX trading bot
💎5%+/day 25%+/week low risk
🚀supercharge your trading
💎75% win rate free gold signals
t.me/syndicategold001
💎algo based bots and signals
⚡️forex/crypto/memecoins/stocks
📕full-auto FX trading bot
💎5%+/day 25%+/week low risk
🚀supercharge your trading
💎75% win rate free gold signals
t.me/syndicategold001
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.