eurusd 8hours shifts to BEAR mode short below 0900

🔸Hello traders, let's review the 8 hour chart for EURUSD today. Outlook shifts to BEAR
mode currently, since bulls were unable to push hard after hitting 0900, right now
distribution in tight range 0900-1000.

🔸Short-term expecting more range-locked price action within the flag pattern structure,
position traders should stay on sidelines and wait before short selling after break down
of the recent range. Outlook adjusted to BEAR MODE, because we got a clean 3 drives
pattern and price dumped after the third drive and bulls failed to recover.

🔸Recommended strategy for EURUSD bears: wait for price to break below 0900 on 4 hour
chart and short sell, fixed SL at 1000 and TP1 set at 0750 TP2 set at 0500. this is a swing
trade setup, patience required. good luck traders!

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עסקה פעילה:

broke down below 0900 trade activated

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+115 pips already, TP1 almost hist at 0750

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+140 pips, 5 pips until TP1 hit

הערה:

TP1 hit +150 pips. congrats if you followed.

עסקה סגורה: היעד הושג:

final TP hit +400 pips, congrats!

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