EURUSD Technical Analysis and Trade Idea

The #EURUSD has reached a significant support level, and we can see a bearish trend on the 4H chart. The clear presence of lower lows and lower highs confirms the downtrend. Currently, the currency pair is overextended, and I am seeking a short opportunity, preferably when it retraces back up to the 4H distribution level. All the details are thoroughly explained in the video, including price action, price gaps, the trend, support and resistance levels, and a trade idea. It is important to note that this information reflects my personal opinion and should not be considered as financial advice. Remember to manage your risk effectively.

Note

Unfortunately, the pencil drawings mark-up I made throughout the video did not appear in the recording. I apologise for the inconvenience. However, even without the annotations, you should still be able to grasp a fairly clear understanding of the video's content.

Trade closed: target reached

If you havent already, TP now

fxtraderanthony

🔥👀👉 BUY/SELL SIGNALS TO BEAT VOLATILITY 20R PLUS Daily:
🔗 youtu.be/MhB_dTMyXxM
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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.

fxtraderanthony

🔥👀👉 BUY/SELL SIGNALS TO BEAT VOLATILITY 20R PLUS Daily:
🔗 youtu.be/MhB_dTMyXxM
👀 👉Join Our DISCORD For MORE Trade Ideas & Info:
🔗 discord.com/invite/PcBeCdwVQq

Also on: