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EURUSD H16: SHORT IT from range highs. TP +200(SL/TP)(NEW)

Short
FX:EURUSD   Euro / U.S. Dollar
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EURUSD H16: SHORT IT from range highs. TP +200(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
short-term.


🔸 Summary and potential trade setup
::: EURUSD 16hour/candle chart review
::: still remains locked in range
::: not expecting a breakout yet
::: fresh liquidity untapped at 2000
::: at least one final throwback into
::: PRICE/RSI div on 16 hour chart
::: lower risk setup is SHORT from HIGHS
::: BEARS will take over soon
::: just short it now TP 1950/2000
::: TP BEARS TP1 2000 TP2 1950
::: SHORT/HOLD setup with great risk:reward
::: BEARS TP FINAL is 1950
::: recommend to SHORT/HOLD
::: recommended strategy: SHORT/HOLD
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: 1950 fresh demand zone
::: 2500 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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