ProjectSyndicate

EURUSD 4D: 1500/1550 reversal possible (SL/TP)(NEW)

Long
FX:EURUSD   Euro / U.S. Dollar
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EURUSD 4D: 1500/1550 reversal possible (SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as LONG because I expect more upside
before reversal later (BEARS).

🔸 Summary and potential trade setup
::: EURUSD 4days/candle chart review and strategy
::: 1550 heavy overhead resistance mirror S/R
::: current bid is 1400 so more upside remains
::: short-term more upside possible up to 150 pips
::: however REVERSAL / HEAVY REJECTION possible
::: near 1550 later
::: recommended strategy: SHORT IT from 1550
::: SL is 50 TP1 is 150 TP2 200 pips
::: overall chart is bullish short-term
::: however expecting reversal soon
::: DO NOT expect fast gains
::: SHORT/HOLD setup
::: good luck traders
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment mid-term: BEARS/REVERSAL PRZ
::: Sentiment outlook short-term: BULLS

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