EURUSD 5d key levels and outlook 0600/0400 (NEW)

22 มี.ค. 2020

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So without further due. Keep it short/simple and to the point.

EURUSD 5d key levels and outlook (NEW)
IMPORTANT NOTE: tagged as short, as I expect
more losses short-term.

Expecting more losses short-term, key s/r levels below
0600 and 0400 will likely provide bounce/support.
Look for bounce to develop of those levels.

Possible big reversal near 0600/0400 to re-test
recent range highs near 1400 (+1000 points).

Keep in mind, sentiment is still bearish, we
have way too many retail traders on buy side,
therefore short-term losses will keep building.

strategy:
short-term: short sell any rips TP 0600/0400
mid-term: look for bounce to develope
near 0600/0400 TP near 1400 (+1000 points)

good luck traders.