Euro / DollaroShort
eurusd 8hour inverted chart advanced XABCD short setup
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🔸Hello traders, let's review the 8 hour chart for inverted EURUSD. (1/eurusd)
Speculative XABCD in progress, with PRZ/D set at 0.9600 (1.0400), so expecting more losses
in EURUSD going into FOMC / early october 2023. this is inverted price chart!
so means that long = short EURUSD.
🔸XABCD structure is defined by point X at 9500, point A at 9000, point B
at 9350, point C at 8950, point D/PRZ at 9600, currently all points validated,
point D/PRZ pending in early October 2023 (PRZ/D = 1.0400 EURUSD)
🔸Recommended strategy for EURUSD traders: Short sell any rips/rallies in EURUSD
going into FOMC later in September. TP BEARS is 0400/0500.
Once again, keep in mind that this is INVERTED chart for EURUSD, i.e. 1/eurusd.
good luck traders!
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RISK DISCLAIMER:
Trading 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.
Speculative XABCD in progress, with PRZ/D set at 0.9600 (1.0400), so expecting more losses
in EURUSD going into FOMC / early october 2023. this is inverted price chart!
so means that long = short EURUSD.
🔸XABCD structure is defined by point X at 9500, point A at 9000, point B
at 9350, point C at 8950, point D/PRZ at 9600, currently all points validated,
point D/PRZ pending in early October 2023 (PRZ/D = 1.0400 EURUSD)
🔸Recommended strategy for EURUSD traders: Short sell any rips/rallies in EURUSD
going into FOMC later in September. TP BEARS is 0400/0500.
Once again, keep in mind that this is INVERTED chart for EURUSD, i.e. 1/eurusd.
good luck traders!
🎁Please hit the like button and
🎁Leave a comment to support our team!
RISK DISCLAIMER:
Trading 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.
Nota
setup is tagged as SHORT, because it's recommended to short EURUSD,and the chart is INVERTED eurusd chart, i.e. 1/eurusd.
Nota
good luck traders!Nota
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