Hello guys!
I think eurusd is bearish! why?
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🎯 Bearish Target Zone:
First TP: 1.12640
Final TP: 1.11900 - 1.12080 (Demand Zone)
I think eurusd is bearish! why?
- A Range: Market consolidated in a tight horizontal range before breaking out.
- QM Pattern: A lower high and lower low structure indicates potential for a trend reversal.
- Neckline Break: Bearish confirmation with a strong break and close below neckline support.
- Retest Zone: Price is now revisiting the QM supply zone, offering a high-probability short setup.
- Bearish Projection: The next expected move is a drop toward the S&D (Support & Demand) zone between 1.12640 and 1.11900, which aligns with historical demand and previous accumulation.
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🎯 Bearish Target Zone:
First TP: 1.12640
Final TP: 1.11900 - 1.12080 (Demand Zone)
Trade closed: target reached
all targets touched!
👉 My recommended broker: bit.ly/HYMCMELI
____
Telegram: t.me/melikatrader94
Forex: t.me/melikatrader94GoldForex
____
Telegram: t.me/melikatrader94
Forex: t.me/melikatrader94GoldForex
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.
👉 My recommended broker: bit.ly/HYMCMELI
____
Telegram: t.me/melikatrader94
Forex: t.me/melikatrader94GoldForex
____
Telegram: t.me/melikatrader94
Forex: t.me/melikatrader94GoldForex
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.