💹 EUR/USD Analysis – Hunting a Buy Opportunity from a Key Zone 🇪🇺💵
After a correction and drop from the recent high, the Euro is approaching a major support area and the Buy Zone.
My scenario: If price reaches this area and confirms with price action, I expect a strong rebound towards higher targets.
📌 Key points:
Short-term bearish structure, but correction nearing completion
Support zone overlapping with Fibonacci confluence
Potential target above the previous high
⚠️ This is a personal view, not financial advice. Always apply risk management.
❓ What do you think? Could this correction be the start of a bullish rally, or will the drop continue?
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🚀 Who am I?
I'm Mahdi, a prop firm trader with 7+ years of experience in technical analysis, mainly focusing on Smart Money Concepts and Elliott Wave theory.
I specialize in delivering high-quality trading signals, market insights, and educational content tailored for serious traders and investors.
📊 My Tools: SMC, Elliott Wave, Fibonacci, Liquidity Grabs, Order Blocks
💼 Prop Challenge Passed: Yes | Funded Account: In Progress
🔗 Follow for consistent updates and trading insights.
After a correction and drop from the recent high, the Euro is approaching a major support area and the Buy Zone.
My scenario: If price reaches this area and confirms with price action, I expect a strong rebound towards higher targets.
📌 Key points:
Short-term bearish structure, but correction nearing completion
Support zone overlapping with Fibonacci confluence
Potential target above the previous high
⚠️ This is a personal view, not financial advice. Always apply risk management.
❓ What do you think? Could this correction be the start of a bullish rally, or will the drop continue?
------------------------------------------------------------------------------------------------------
🚀 Who am I?
I'm Mahdi, a prop firm trader with 7+ years of experience in technical analysis, mainly focusing on Smart Money Concepts and Elliott Wave theory.
I specialize in delivering high-quality trading signals, market insights, and educational content tailored for serious traders and investors.
📊 My Tools: SMC, Elliott Wave, Fibonacci, Liquidity Grabs, Order Blocks
💼 Prop Challenge Passed: Yes | Funded Account: In Progress
🔗 Follow for consistent updates and trading insights.
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.