+240 pips EURUSD XABCD Short From PRZ/D Advanced

17 Feb

🔸Hello traders, let's review the 4 hour chart for EURUSD. Strong gains off the lows recently, however price getting overextended and expecting reversal later at/near PRZ/D.

🔸Speculative XABCD structure defined by point X 0600 point A 0200 point B 0500 point C 0250 point D/PRZ 0660/0680 still pending.

🔸Currently most points validated, point D/PRZ still pending 0660, so traders should wait until we hit D before SHORTING.

🔸Recommended strategy for EUR traders: wait for price to max out to complete at point D near 0660/0680, short/hold, SL 60 pips, TP1 +240 pips TP2 +380 pips Final exit TP at 0240. SHORT/HOLD at point D/PRZ at 0660. swing trade setup. keep in mind this is a swing trade setup, patience required.

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17 Feb

Catatan

17 Feb

Catatan

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