Short
XEMUSD H16: 40% correction TOPPED OUT / SHORT RIPS (SWING)

XEMUSD H16: 40% correction TOPPED OUT / SHORT RIPS (SWING)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: XEMUSD 16hour/candle chart review/outlook
::: SWING trade setup for position traders ONLY
::: DIAMOND TOP pattern - very rare setup
::: BUT topped out for this cycle already
::: expecting 40-60% correction next few months
::: to complete the sequence
::: previously it went parabolic
::: unsustainable move - will DUMP
::: correction is REQUIRED
::: limited upside in Q1 2021 so just SHORT IT
::: recommended strategy: SHORT SELL any rips/rallies
::: TP BEARS on the swing is 40-60% gains
::: SHORT/HOLD setup / swing trade
::: for patient traders only / no fast gains here
::: only use low leverage don't do gambling here
::: the sequence for the BEARS
::: Just short high and you will get paid, period
::: good luck traders
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BEARS/SWING/40% GAINS
::: Sentiment outlook short-term: BEARS/CORRECTION
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: XEMUSD 16hour/candle chart review/outlook
::: SWING trade setup for position traders ONLY
::: DIAMOND TOP pattern - very rare setup
::: BUT topped out for this cycle already
::: expecting 40-60% correction next few months
::: to complete the sequence
::: previously it went parabolic
::: unsustainable move - will DUMP
::: correction is REQUIRED
::: limited upside in Q1 2021 so just SHORT IT
::: recommended strategy: SHORT SELL any rips/rallies
::: TP BEARS on the swing is 40-60% gains
::: SHORT/HOLD setup / swing trade
::: for patient traders only / no fast gains here
::: only use low leverage don't do gambling here
::: the sequence for the BEARS
::: Just short high and you will get paid, period
::: good luck traders
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BEARS/SWING/40% GAINS
::: Sentiment outlook short-term: BEARS/CORRECTION
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đź”±Syndicate Black MT4/MT5
⚡️Gold/FX Auto-Trading bot
đź”±100%/week max DD <10%
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
taplink.cc/black001
đź”±Syndicate Black MT4/MT5
⚡️Gold/FX Auto-Trading bot
đź”±100%/week max DD <10%
đź“•verified 500%+ gains
🏧GOLD EA target 100%+ gains/week
🚀supercharge your trading
đź’Ž75% win rate gold signals
t.me/syndicategold001
đź”±Syndicate Black MT4/MT5
⚡️Gold/FX Auto-Trading bot
đź”±100%/week max DD <10%
đź“•verified 500%+ gains
🏧GOLD EA target 100%+ gains/week
🚀supercharge your trading
đź’Ž75% win rate gold signals
t.me/syndicategold001
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.