URUSD D4: Distribution.TP 1.0000.SHORT IT!(NEW)

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EURUSD D4: Distribution.TP 1.0000.SHORT IT!(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don’t overleverage.
Tagged as SHORT as I expect more losses.

In light of latest ugly updates/news across Europe,
my revised price target for EURUSD in Q1 2022 is parity.
1350+ pips downside remains from here. Perfect storm just hit EURUSD .
GDP and economy is already a massive crater. New lockdowns will also hit
hard and small business will go bankrupt in troves.

🔸 Summary and potential trade setup
::: EURUSD D4/candle chart review
::: revised/updated outlook
::: got the same target for Q1 2022
::: it’s parity (1 0000)
::: 1300+ points downside possible
::: distribution in progress
::: exactly same pattern as
::: February/March 2018
::: sequence of weak closes
::: inside 325 pips range
::: resulted in 500+ pips dump
::: expecting same sequence now
::: TP BEARS is 1000 +1300 pips
::: this week expecting more losses
::: SHORT/HOLD and get paid
::: best level is near market price
::: get ready to SHORT HIGH
::: BEARS will target re-test of 1500
::: recommend to SHORT/HOLD
::: recommended strategy: SHORT/HOLD
::: TP BEARS is 1.0000 parity
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: 1000 fresh demand zone
::: 2000 fresh supply zone
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BEARS
::: Sentiment outlook mid-term: BEARS

(Source—Trading View)


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