In this EURUSD 4-hour chart analysis using MMC (Market Mind Concept), we are observing a textbook rising channel structure accompanied by a black mind curve (evidence of psychological support behavior). Let's break it down:
📊 Structure Overview:
Straight Ascending Channel:
Price has been respecting a clean, straight rising channel, forming higher highs and higher lows over the past several weeks. This structure provides a controlled bullish bias, but we are approaching an inflection point.
Black Mind Curve Support (Evidence 2):
A curved trendline (Mind Curve) is providing dynamic support. This curve intersects with the lower boundary of the rising channel—creating a confluence zone, which is likely to act as strong short-term support or the base of a reversal.
Major BOS (Break of Structure):
A significant bullish BOS occurred earlier, confirming momentum strength. This previous break is acting as a reference point for bullish continuation scenarios.
📉 Bearish Scenario:
If the price breaks below the channel and mind curve support, this would invalidate the current bullish channel structure.
A clean breakout + retest below the support zone may invite strong selling pressure, targeting previous support zones around 1.1500 – 1.1350.
📈 Bullish Scenario:
If the price holds above the mind curve and continues upward, we may see a breakout above the top of the channel.
A confirmed breakout could send price toward the 1.1900 – 1.2000 resistance zone.
Patience is key—wait for a confirmed breakout from the channel (either side) before engaging.
⏳ Strategy Outlook:
✅ Wait for channel breakout confirmation (up or down)
⚠️ Watch for fakeouts or liquidity grabs near channel boundaries
🔁 Mind Curve Support adds another layer of decision-making structure
🧠 Trade with the trend, but remain adaptable to shift if channel breaks
🔍 Summary:
The EURUSD pair is in a decision-making zone—either we get a bullish continuation breakout, or the structure fails and we flip into a bearish correction. The confluence of the straight channel and mind curve makes this setup high-quality for both trend traders and breakout traders.
📊 Structure Overview:
Straight Ascending Channel:
Price has been respecting a clean, straight rising channel, forming higher highs and higher lows over the past several weeks. This structure provides a controlled bullish bias, but we are approaching an inflection point.
Black Mind Curve Support (Evidence 2):
A curved trendline (Mind Curve) is providing dynamic support. This curve intersects with the lower boundary of the rising channel—creating a confluence zone, which is likely to act as strong short-term support or the base of a reversal.
Major BOS (Break of Structure):
A significant bullish BOS occurred earlier, confirming momentum strength. This previous break is acting as a reference point for bullish continuation scenarios.
📉 Bearish Scenario:
If the price breaks below the channel and mind curve support, this would invalidate the current bullish channel structure.
A clean breakout + retest below the support zone may invite strong selling pressure, targeting previous support zones around 1.1500 – 1.1350.
📈 Bullish Scenario:
If the price holds above the mind curve and continues upward, we may see a breakout above the top of the channel.
A confirmed breakout could send price toward the 1.1900 – 1.2000 resistance zone.
Patience is key—wait for a confirmed breakout from the channel (either side) before engaging.
⏳ Strategy Outlook:
✅ Wait for channel breakout confirmation (up or down)
⚠️ Watch for fakeouts or liquidity grabs near channel boundaries
🔁 Mind Curve Support adds another layer of decision-making structure
🧠 Trade with the trend, but remain adaptable to shift if channel breaks
🔍 Summary:
The EURUSD pair is in a decision-making zone—either we get a bullish continuation breakout, or the structure fails and we flip into a bearish correction. The confluence of the straight channel and mind curve makes this setup high-quality for both trend traders and breakout traders.
For Daily Trade Setups and Forecast: 📈 t.me/xauusdoptimizer
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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.
For Daily Trade Setups and Forecast: 📈 t.me/xauusdoptimizer
Premium Signals Fr33: 💯 t.me/xauusdoptimizer
🥰🥳🤩
Premium Signals Fr33: 💯 t.me/xauusdoptimizer
🥰🥳🤩
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.