EURUSD by ProjectSyndicate — TradingView

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Why get subbed to me on Tradingview?

-TOP author on TradingView

-15+ years experience in markets

-Professional chart break downs

-Supply/Demand Zones

-TD9 counts / combo review

-Key S/R levels

-No junk on my charts

-Frequent updates

-Covering FX/crypto/US stocks

-24/7 uptime so constant updates

EURUSD H8: Best Levels to BUY/SELL TP+200/+400 (SL/TP)(NEW)

IMPORTANT NOTE: speculative setup. do your own

due dill. use STOP LOSS. don’t overleverage.

Tagged as LONG as I expect more gains.

🔸 Summary and potential trade setup

::: EURUSD 8hours/candle chart review

::: revised/updated outlook

::: REVISED/UPGRADED TO BULLISH OUTLOOK

::: short-term more downside

::: targeting 1650

::: retail positioning in EURUSD

::: is mixed right now

::: 55 000 std lots short vs

::: 45 000 lots long

::: expecting BOUNCE later from key S/R

::: exactly same pattern as

::: previously in october 2020

::: decent gains on BUY SIDE from 1650

::: Bulls will target re-test of 1950

::: SL 50 pips TP BULLS is 1950

::: lower risk / recommended strategy

::: BUY LOW 1650/ SL 50 TP 1950 +350 pips

::: FINAL TP BULLS is 2000

::: chart looks strong but slow price action

::: patience required if you want to make money

::: recommend to focus on swings only don’t

::: try to trade this intraday

::: fast/miracle overnights gains here

::: good luck traders

🔸 Supply/Demand Zones

::: 1650/1600 fresh demand zone

::: 1950/2000 fresh supply zone

🔸 Other noteworthy technicals/fundies

::: TD9 /Combo update: N/A

::: Sentiment short-term: BEARS

::: Sentiment outlook mid-term: BULLS/REVERSAL

RISK DISCLAIMER:

Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.

Please consider carefully if such trading is appropriate for you.

Past performance is not indicative of future results.

Always limit your leverage and use tight stop loss.

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