🟥 Disrupted Analysis: Bearish Divergence on EUR/USD (1H)
Weak Support Zone:
The price labeled as "Support" was never a well-tested zone. It appears to be a minor structure, and the bounce lacks strong confirmation or significant volume.
Volume Decline During Rise:
The recent upward candles show shrinking volume, a sign that the buying momentum is weakening, not strengthening. Bulls are losing energy.
Potential Double Top Formation:
If price action near current levels stalls, a double top could form, which is a classic bearish reversal pattern. Watch for rejection below 1.1550.
Bearish Target Zone (if reversal begins):
First target: 1.1450 (minor support)
Break below that opens 1.1370 zone (volume support area)
---
📉 Disrupted Price Path (Opposing the Yellow Arrow)
Rejection
↓
┌─────────┐
│ ▼
│ Pullback to "Support"
▼ │
Breakdown │
▼ │
Target Zone ▼
Weak Support Zone:
The price labeled as "Support" was never a well-tested zone. It appears to be a minor structure, and the bounce lacks strong confirmation or significant volume.
Volume Decline During Rise:
The recent upward candles show shrinking volume, a sign that the buying momentum is weakening, not strengthening. Bulls are losing energy.
Potential Double Top Formation:
If price action near current levels stalls, a double top could form, which is a classic bearish reversal pattern. Watch for rejection below 1.1550.
Bearish Target Zone (if reversal begins):
First target: 1.1450 (minor support)
Break below that opens 1.1370 zone (volume support area)
---
📉 Disrupted Price Path (Opposing the Yellow Arrow)
Rejection
↓
┌─────────┐
│ ▼
│ Pullback to "Support"
▼ │
Breakdown │
▼ │
Target Zone ▼
t.me/gold_free_signals1
𝙁𝙤𝙧𝙚𝙭 𝙩𝙧𝙖𝙙𝙞𝙣𝙜 𝙚𝙭𝙥𝙚𝙧𝙞𝙚𝙣𝙘𝙚 𝙩𝙚𝙖𝙢 ☺️ 𝙢𝙖𝙣𝙖𝙜𝙚 𝙮𝙤𝙪𝙧 𝙖𝙘𝙘𝙤𝙪𝙣𝙩 𝙢𝙖𝙠𝙞𝙣𝙜 𝙢𝙤𝙣𝙚𝙮 🤑💰
t.me/gold_free_signals1
𝙁𝙤𝙧𝙚𝙭 𝙩𝙧𝙖𝙙𝙞𝙣𝙜 𝙚𝙭𝙥𝙚𝙧𝙞𝙚𝙣𝙘𝙚 𝙩𝙚𝙖𝙢 ☺️ 𝙢𝙖𝙣𝙖𝙜𝙚 𝙮𝙤𝙪𝙧 𝙖𝙘𝙘𝙤𝙪𝙣𝙩 𝙢𝙖𝙠𝙞𝙣𝙜 𝙢𝙤𝙣𝙚𝙮 🤑💰
t.me/gold_free_signals1
Disclaimer
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t.me/gold_free_signals1
𝙁𝙤𝙧𝙚𝙭 𝙩𝙧𝙖𝙙𝙞𝙣𝙜 𝙚𝙭𝙥𝙚𝙧𝙞𝙚𝙣𝙘𝙚 𝙩𝙚𝙖𝙢 ☺️ 𝙢𝙖𝙣𝙖𝙜𝙚 𝙮𝙤𝙪𝙧 𝙖𝙘𝙘𝙤𝙪𝙣𝙩 𝙢𝙖𝙠𝙞𝙣𝙜 𝙢𝙤𝙣𝙚𝙮 🤑💰
t.me/gold_free_signals1
𝙁𝙤𝙧𝙚𝙭 𝙩𝙧𝙖𝙙𝙞𝙣𝙜 𝙚𝙭𝙥𝙚𝙧𝙞𝙚𝙣𝙘𝙚 𝙩𝙚𝙖𝙢 ☺️ 𝙢𝙖𝙣𝙖𝙜𝙚 𝙮𝙤𝙪𝙧 𝙖𝙘𝙘𝙤𝙪𝙣𝙩 𝙢𝙖𝙠𝙞𝙣𝙜 𝙢𝙤𝙣𝙚𝙮 🤑💰
t.me/gold_free_signals1
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.