eurusd 8hour inverted chart advanced XABCD short setup

🔸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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Commento:

setup is tagged as SHORT, because it's recommended to short EURUSD,
and the chart is INVERTED eurusd chart, i.e. 1/eurusd.

Commento:

good luck traders!

Commento:

nice progress so far today

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