EUR/USD appears to have formed a rejection from a key resistance zone, suggesting a potential move to the downside. The rejection aligns with a 4H Fair Value Gap (FVG) acting as supply A liquidity sweep above recent highs Evidence of pending structure formation, indicating possible internal weakness.
If we see a confirmed close below the marked support zone, this would likely validate a bearish market structure break, paving the way for a clean continuation of the downtrend.
Traders look our idea every day we will share better experience with you we need support from you Guys Thanks For Supporting.
If we see a confirmed close below the marked support zone, this would likely validate a bearish market structure break, paving the way for a clean continuation of the downtrend.
Traders look our idea every day we will share better experience with you we need support from you Guys Thanks For Supporting.
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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.