: EUR/USD
Timeframe: 30M
Strategy: Elliott Wave + Wyckoff Structure
Risk-Reward: 1:12
Toolset: Supply Zone, Change of Character (ChoCh), Break of Structure (BoS), Entry Refinement
📈 Analysis Summary:
Price completed Wave 5 of the Elliott Wave structure.
Clear supply zone rejection near previous high – strong confluence.
Break of structure (BoS) confirms bearish bias.
A clean ChoCh (Change of Character) signals the shift from bullish to bearish.
Perfect Wyckoff schematic distribution playing out.
Entry taken from mitigation block with tight SL above zone.
Targeting higher-timeframe demand zone (highlighted in blue box).
💡 Key Zones:
Entry: Red mitigation zone
SL: Above local high
TP: Demand zone zone (RR 1:12)
📅 Watch this level around June 10–14 — expecting a strong impulsive move downward.
Comment ‘🔥’ if you caught this early.
Timeframe: 30M
Strategy: Elliott Wave + Wyckoff Structure
Risk-Reward: 1:12
Toolset: Supply Zone, Change of Character (ChoCh), Break of Structure (BoS), Entry Refinement
📈 Analysis Summary:
Price completed Wave 5 of the Elliott Wave structure.
Clear supply zone rejection near previous high – strong confluence.
Break of structure (BoS) confirms bearish bias.
A clean ChoCh (Change of Character) signals the shift from bullish to bearish.
Perfect Wyckoff schematic distribution playing out.
Entry taken from mitigation block with tight SL above zone.
Targeting higher-timeframe demand zone (highlighted in blue box).
💡 Key Zones:
Entry: Red mitigation zone
SL: Above local high
TP: Demand zone zone (RR 1:12)
📅 Watch this level around June 10–14 — expecting a strong impulsive move downward.
Comment ‘🔥’ if you caught this early.
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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.
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.