eurusd h8 short rips/rallies tp 0750

🔸Hello traders, let's review the 8hour chart for EURUSD today. Recently heavy
rejection from overhead resistance at 1100, now trading near 1000, limited upside
going forward and expecting more losses in this market.

🔸Price control line in red previously price was supported at 0575 and 0720, however
we got a clean breakdown at 0885 and subsequently price was rejected near 1100
and right now correction in progress.

🔸Recommended strategy for EURUSD traders: bear flagging, focus on short selling rips
rallies toward 1000, TP bears is +150 pips TP2 final exit +250 pips at 0750. good luck!

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Comment:

bear flag in progress

Comment:

gold market strategic outlook 2024

Trade closed: target reached:

TP1 hit+ 150 pips TP2 final exit +250 pips
congrats if you followed