Euro / U.S. Dollar
Long
Updated

EURUSD H4 RISES

140
🔄 Disrupted EUR/USD Analysis (4H)

📉 Current Structure:

Price is hovering around 1.17298, showing hesitation at the resistance of a potential bearish flag.

While the chart labels this zone as “bullish,” there are signs of market indecision, possibly a fakeout trap.


⚠️ Key Disruptions:

1. Bullish Trap Risk:

The price formed a short-term M-pattern (double top inside the orange circle), indicating bearish exhaustion rather than continuation.

The expected breakout to the upside may fail if bulls don’t sustain volume.



2. Support Area Weakness:

The support zone around 1.17000 has been tested multiple times. If it breaks, it could turn into a strong resistance, flipping the sentiment.



3. Macro Influence:

Upcoming EUR and USD economic events (noted by icons) could cause high volatility and break structure unexpectedly.

A strong USD report could reverse bullish momentum, sending EUR/USD toward 1.16500 or lower.



4. Bearish Continuation Scenario:

If the market breaks down from the current consolidation, expect targets at:
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