The Best Level to Short EURUSD TP +120/+240 pips

Zaktualizowano
🔸Hello traders, let's review the 6hour chart for EURUSD today. As expected previously we are getting a normal bounce off the fresh demand zone
at 0800 currently closing on heavy overhead mirror s/r resistance.

🔸This setup falls in-line with my strategic outlook for EURUSD
which is targeting 0500, review via link:
EURUSD strategic outlook: BEARS will target 1.0500


🔸Key mirror S/R detected at 0925/0945, most likely further upside
is very limited in EURUSD so expecting fresh sell-side pressure and
reversal from the key s/r zone. Bears will target fresh demand zone
near 0700.

🔸Recommended strategy for EURUSD traders: focus on short selling high near 0925/0945 price cluster SL fixed at 40 pips TP1 +120 pips TP2 +240 pips final exit at 0700. Expecting rejection from overhead resistance and re-test of the mirror S/R level at 0700. good luck traders!

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