Hello Fellow Traders! 👋
In my last post on Monday, I pointed out a key zone where EUR/USD showed bullish momentum, hitting nearly 60% of our target! 🎯 I booked profits yesterday, and now the market is giving us fresh clues. Let’s dive into the latest setup! 🚀
Market Update
Over the past two days, the price has swept both buyers and sellers, clearing the way for a new move. The 4H trendline has been broken, signaling bearish momentum. As we head into the NY session, I’m watching for further confluence to confirm this move. 📊
Trade Idea
Direction: Bearish 📉
Target: 1.14500 ( Long-Term First Target)
Strategy: I’m focusing on short-term entries with confluence from lower timeframes (e.g., 1H or 15M). Long-term positions? Not yet—let’s stay nimble!
Why This Setup?
Trendline Break: Clear bearish signal on the 4H chart.
Confluence: Awaiting confirmation from lower timeframes for precise entries.
Risk Management: Short-term focus to capitalize on the move without overexposure.
What do you think of this setup? Drop a comment below with your thoughts! 💬 If you found this idea helpful, smash that Like button 👍 and Follow for more updates. Let’s keep the trading community thriving! 🚀
Happy Trading! 💰
#EURUSD #Forex #TradingView #TechnicalAnalysis
In my last post on Monday, I pointed out a key zone where EUR/USD showed bullish momentum, hitting nearly 60% of our target! 🎯 I booked profits yesterday, and now the market is giving us fresh clues. Let’s dive into the latest setup! 🚀
Market Update
Over the past two days, the price has swept both buyers and sellers, clearing the way for a new move. The 4H trendline has been broken, signaling bearish momentum. As we head into the NY session, I’m watching for further confluence to confirm this move. 📊
Trade Idea
Direction: Bearish 📉
Target: 1.14500 ( Long-Term First Target)
Strategy: I’m focusing on short-term entries with confluence from lower timeframes (e.g., 1H or 15M). Long-term positions? Not yet—let’s stay nimble!
Why This Setup?
Trendline Break: Clear bearish signal on the 4H chart.
Confluence: Awaiting confirmation from lower timeframes for precise entries.
Risk Management: Short-term focus to capitalize on the move without overexposure.
What do you think of this setup? Drop a comment below with your thoughts! 💬 If you found this idea helpful, smash that Like button 👍 and Follow for more updates. Let’s keep the trading community thriving! 🚀
Happy Trading! 💰
#EURUSD #Forex #TradingView #TechnicalAnalysis
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.
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.