eurusd h2 bear flag distribution TP 0800
Updated
🔸Hello traders, let's review the 2 hour chart for EURUSD today. Risk/reward shifts to BEARS
favor currently, since bulls were unable to push beyond 0900 S/R, right now
distribution in progress, compression into bear flag.
🔸Short-term price action locked in tight range, bears should focus on short selling
rips/rallies toward 0900/0920. We are slowly building up a distribution structure,
expecting dump later towards end of January.
🔸Recommended strategy for EURUSD bears: wait for price to re-test near 0900/0920
and short sell with SL fixed at 0960 TP1 +60 pips TP2 +120 pips. swing trade setup,
patience required, 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.
favor currently, since bulls were unable to push beyond 0900 S/R, right now
distribution in progress, compression into bear flag.
🔸Short-term price action locked in tight range, bears should focus on short selling
rips/rallies toward 0900/0920. We are slowly building up a distribution structure,
expecting dump later towards end of January.
🔸Recommended strategy for EURUSD bears: wait for price to re-test near 0900/0920
and short sell with SL fixed at 0960 TP1 +60 pips TP2 +120 pips. swing trade setup,
patience required, 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.
Note
Brent D1 swing trade bulls 35% buy/hold setup
Trade closed: target reached
TP1 +60 pips TP2 +120 pipsNote
gold mid-term outlook bears will target 1785 usd
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🚀75%+ win rate free gold signals
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