EURUSD Update: Shorting Opportunity Identified

FX:EURUSD   Euro / U.S. Dollar
Trade Setup:

- Entry: Sell at 1.0797 (Retest Level)

- Target: Extended towards potential Bullish Harmonic Patterns setup

- Risk Management: Implementing trade management system for upsized trades

While many analysts are focused on the potential Bullish Butterfly Pattern and ABCD Pattern on the 4-hourly chart, my attention is on a shorting opportunity using a trade management system. I'm looking to short EURUSD upon another retest at 1.0797, aiming to extend my targets towards potential Bullish Harmonic Patterns setup.

Trade Management:
- Upsized Trades: Stretching Final Target to next pattern completion.

- Entry: Selling at the retest level of 1.0797.

- Targets: Extending targets beyond traditional levels towards potential Harmonic Patterns setup.

Risk Management:
- Always prioritize risk management to protect capital.

- Adjust position sizes to align with risk tolerance and trading strategy.

Your Thoughts?
Do you also see a shorting opportunity on EURUSD? Share your insights and trading strategies in the comments below!

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