DONATE & Share Post Your Content On Smart Money Management

Search This Blog

Monday, November 15, 2021

EURUSD D4: Distribution.TP 1.0000.SHORT IT!(NEW)

EURUSD D4: Distribution.TP 1.0000.SHORT IT!(NEW)

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 D4: Distribution.TP 1.0000.SHORT IT!(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as SHORT as I expect more losses.


In light of latest ugly updates/news across Europe,
my revised price target for EURUSD in Q1 2022 is parity.
1350+ pips downside remains from here. Perfect storm just hit EURUSD .
GDP and economy is already a massive crater. New lockdowns will also hit
hard and small business will go bankrupt in troves.

πŸ”Έ Summary and potential trade setup
::: EURUSD D4/candle chart review
::: revised/updated outlook
::: got the same target for Q1 2022
::: it's parity (1 0000)
::: 1300+ points downside possible
::: distribution in progress
::: exactly same pattern as
::: February/March 2018
::: sequence of weak closes
::: inside 325 pips range
::: resulted in 500+ pips dump
::: expecting same sequence now
::: TP BEARS is 1000 +1300 pips
::: this week expecting more losses
::: SHORT/HOLD and get paid
::: best level is near market price
::: get ready to SHORT HIGH
::: BEARS will target re-test of 1500
::: recommend to SHORT/HOLD
::: recommended strategy: SHORT/HOLD
::: TP BEARS is 1.0000 parity
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
πŸ”Έ Supply/Demand Zones
::: 1000 fresh demand zone
::: 2000 fresh supply zone
πŸ”Έ Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BEARS
::: Sentiment outlook mid-term: BEARS

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.



from TradingView Ideas https://ift.tt/3Clul2a
via gqrds

No comments: