ProjectSyndicate

EURUSD D1: Distribution. 600+ pips DUMP. SHORT IT! (UPDATED)

Short
FX:EURUSD   Euro / U.S. Dollar
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EURUSD D1: Distribution. 600+ pips DUMP. SHORT IT! (UPDATED)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as SHORT as I expect more losses.


🔸 Summary and potential trade setup
::: EURUSD daily/candle chart review
::: revised/updated outlook
::: still valid as of right now
::: distribution in progress
::: exactly same pattern as
::: later 2017
::: accumulation/PUMP
::: followed by the
::: distribution/DUMP
::: resulted in 600+ pips dump
::: expecting same sequence now
::: TP BEARS is 1650 +600 pips
::: distribution may take time to complete
::: SHORT/HOLD within the BOX AREA
::: best level is near 2200//2250
::: get ready to SHORT HIGH
::: BEARS will target re-test of 1650
::: recommend to SHORT/HOLD
::: recommended strategy: SHORT/HOLD
::: TP BEARS is 1650 +600 pips
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: 1650 fresh demand zone
::: 2250 fresh supply zone
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BEARS
::: Sentiment outlook mid-term: BEARS

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