🔸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:
🔸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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+200 pips running PNL now
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TP1 hit +120 pips TP2 hit +240 pips
congrats if you followed