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EURUSD H16: XABCD BEARS SHORT IT +200/+300 pips(SL/TP)(UPDATED)

Short
FX:EURUSD   Euro / U.S. Dollar
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EURUSD H16: XABCD BEARS SHORT IT +200/+300 pips(SL/TP)(UPDATED)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.


🔸 Summary and potential trade setup
::: EURUSD 16HOUR/candle chart review
::: updated/revised outlook
::: still expecting DUMP soon
::: short-term bullish /more gains
::: HOWEVER heavy resistance overhead
::: 2000 strong resistance
::: XABCD BEARS setup point D 2000
::: get ready to SHORT from overhead
::: BEARS will take over soon
::: lower risk setup is SHORT
::: get ready to SHORT HIGH later
::: once we hit resistance at 2000
::: TP BEARS TP1 +200 pips TP2 +300 pips
::: SHORT/HOLD setup with great risk:reward
::: BEARS TP FINAL is 1700
::: recommend to SHORT/HOLD
::: recommended strategy: SHORT/HOLD
::: higher risk setup: long at market
::: exit later at 2000 (BULLS)
::: 2000 reversal level to SHORT IT
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: 1700 fresh demand zone
::: 2000 fresh supply zone
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BULLS
::: Sentiment outlook mid-term: BEARS

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