eurcad 2h advanced xabcd setup short/hold tp 4250

4 Jul 2023

🔸speculative xabcd setup advanced entry bears with confirmed
reversal at point C at 4490. Expecting short-term losses.
point C was printed recently and confirmed a higher high setup.

🔸XABCD pattern structure is defined by point X at 4310
point A at 4475, point B at 4350, point C at 4490
and point D at 4250, which is a 127 extension.

🔸Recommended strategy bears: seek to short/hold near market
and put SL below recent high at 4490 and TP at 4250
at point D of the pattern structure. Advanced XABCD entry
strategy so use conservative lot sizes and do your own due dill.

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4 Jul 2023

Nota

shorting near market now. target 4250. good luck!