EURUSD: 1000+ pips BUY/HOLD: BULLS TAKE OVER(NEW)

23 ก.ค. 2020

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EURUSD: 1000+ pips BUY/HOLD: BULLS TAKE OVER(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as LONG because I expect more UPSIDE
short-term and mid-term as well.

Feel free to review my outlook in DXY that I just
posted. Extemely bearish outlook, because US dollar
is losing value fast right now, because of the FED.
This will result in EURUSD hitting 1.2500+
and gold hitting 2500 USD + as early as August 2020.
Expecting massive volatility explosion soon.

🔸 Summary and potential trade setup
::: EURUSD 3weeks/candle chart reveiw
::: USD losing value fast now
::: EURUSD strong bull market
::: going to re-test the channel
::: near 2500/2650 next few weeks
::: primary reason: FED RESERVE
::: heavy double top and rejection
::: recommended strategy: BUY DIPS
::: expecting HUGE UPSIDE from here
::: which makes sense cause FED is printing
::: insane amounts right now
::: GOLD will trade at 2500 USD at this rate
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BULLS
::: Sentiment outlook mid-term: BULLS