XEMUSD H16: 40% correction TOPPED OUT / SHORT RIPS (SWING)

XEMUSD H16: 40% correction TOPPED OUT / SHORT RIPS (SWING)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.

🔸 Summary and potential trade setup
::: XEMUSD 16hour/candle chart review/outlook
::: SWING trade setup for position traders ONLY
::: DIAMOND TOP pattern - very rare setup
::: BUT topped out for this cycle already
::: expecting 40-60% correction next few months
::: to complete the sequence
::: previously it went parabolic
::: unsustainable move - will DUMP
::: correction is REQUIRED
::: limited upside in Q1 2021 so just SHORT IT
::: recommended strategy: SHORT SELL any rips/rallies
::: TP BEARS on the swing is 40-60% gains
::: SHORT/HOLD setup / swing trade
::: for patient traders only / no fast gains here
::: only use low leverage don't do gambling here
::: the sequence for the BEARS
::: Just short high and you will get paid, period
::: good luck traders
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BEARS/SWING/40% GAINS
::: Sentiment outlook short-term: BEARS/CORRECTION