EURCHF H4: SHORT/HOLD BEARS setup TP+200 pips (SL/TP/NEW)

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EURCHF H4: SHORT/HOLD BEARS setup TP+200 pips (SL/TP/NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as SHORT because I expect more losses.

🔸 Summary and potential trade setup
::: EURCHF 4hour/candle chart review
::: price locked inside trading range
::: accumulation/distribution in progress
::: right now near mid range trading
::: risk:reward shifting in BEARS favor now
::: focus on shorting BOUNCE / near market price
::: TP bears is 1.0850 the range low +200 pips
::: generally traders should look
::: to SHORT rallies/rips in this market
::: based on mid-term outlook
::: re-test of range lows near 0850 is required
::: recommend to SHORT/HOLD TP 0850
::: recommended strategy: SHORT/HOLD
::: TP1 +100 TP2 +200 SL 40 pips
::: good luck traders
🔸 Supply/Demand Zones
::: N/A fresh demand zone
::: N/A fresh supply zone
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BEARS/PULLBACK
::: Sentiment outlook mid-term: BEARS

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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.