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EOSUSD H4: BEST LEVEL to SHORT IT 20% gains(SL/TP)(NEW) IMPORTANT NOTE: speculative setup. do your own due dill. use STOP LOSS. don't overleverage. Tagges as LONG because I expect more short-term gains, before reversal later (BEARS).
🔸 Summary and potential trade setup ::: EOSUSD H4 chart review/outlook ::: overall strong chart ::: but not ready to fly yet ::: red sliding TL broke down ::: price will re-test red TL near 3.4/3.5 ::: and will get rejected ::: look to short from 3.40/3.50 ::: use a tight stop loss 5% MAX ::: recommended strategy: SHORT IT 3.4/3.5 USD ::: TP is 2.70/2.75 +20% gains BEARS ::: good luck traders! 🔸 Supply/Demand Zones ::: N/A ::: N/A 🔸 Other noteworthy technicals/fundies ::: TD9/Combo update: N/A ::: Sentiment mid-term: BEARS/PULLBACK ::: Sentiment outlook short-term: BULLS