🔸Hello traders, let's review the H4 chart for EURUSD today. Trading
near premium prices of the multiweek range, closing in on heavy S/R
Currently risk/reward is shifting in bears favor, so it's recommended
to look for sell side setups in EURUSD.
🔸Premium prices at 0500/0535, below at 0225/0190. range highs 0470
and range lows set at 0250. trading near premium prices.
🔸Recommended strategy for EURUSD traders: focus on short selling any rips/rallies or short sell at market price EURUSD is currently trading near premium levels and is almost maxed out already, limited upside. TP1 bears +100 TP2 bears +200 pips final exit 0225 keep in mind this is a swing trade setup so naturally will take more time to complete / hit both targets. good luck traders!
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