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EURUSD H8: heavy rejection at 1400. 0900 TP bears.(NEW)

Short
FX:EURUSD   Euro / U.S. Dollar
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EURUSD H8: heavy rejection at 1400. 0900 TP bears.(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.

🔸 Summary and potential trade setup
::: EURUSD 8hour chart review
::: weak chart, more downside likely
::: booted from 1400 on heavy volume
::: mid-term target is 0900 (-340)
::: recommended strategy: SHORT sell rips/rallies
::: accumulation range was 0800-1000
::: expecting throwback into range
::: at least 50% of the accum range
::: so valid TP bears is 0900
::: let's see what happens this week
::: however expecting DXY to get bid due to
::: weakness in US stock market
::: so funds will rellocate to bonds instead of stocks
::: this will support the US dollar / EURUSD DOWN
::: so just focus on shorting any mild bounces
::: good luck traders
::: SL below range lows for swing traders
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment: BEARS
::: Sentiment outlook short-term: BEARISH

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