EUR/USD Long Setup โ Breakout Retest Play
Weโre seeing a classic breakout-retest scenario on EUR/USD. After breaking above the previous consolidation zone, price has pulled back to retest the broken structure near 1.1495, which also aligns with a higher time frame support zone.
๐ฆ Entry Zone: 1.1495โ1.1490
๐ด Stop Loss: Below 1.1420 (clearly outside the structure)
๐ฉ Targets (Partial TPs):
1.1655
1.1775
1.1888โ1.1894 (final)
๐ Plan:
This is a trend continuation idea after a clean structural breakout. If you plan to enter this, consider:
โ
Scaling in at or near current price
โ
Partial TP at each resistance level
โ Avoid holding full position till final target โ secure profits along the way
โ
Use proper risk management and size
โ ๏ธ Important Note
This is not a signal, just an idea.
I am not selling signals or subscriptions.
If you're new, you may think:
โLet me just follow someone with 100K followers and Iโll profit.โ
Truth is โ follower count means nothing. Many signal sellers donโt even trade. They sell subscriptions, not setups.
๐ง Pro Tip for Beginners
Track 30โ40 trade ideas from different users (including old ones โ they often hide losers). Ask yourself:
Was the direction right?
Was the entry filled?
Was the setup realistic?
Thatโs how youโll grow as a trader.
Trade smart, protect your capital, and stay sharp.
Rendon1
EURUSD trade ideas
EURUSD Long Setup โ Bullish Rejection from Demand ZoneEURUSD remains supported by strong eurozone fundamentals and broad USD softness. The pair has retraced into a key demand zone around 1.1490 and is showing signs of bullish rejection. With the Fed likely to pause further rate hikes and the ECB maintaining a steady tone, the bias favors further upside toward recent highs.
โ ๏ธ Geopolitical tensions in the Middle East (Israel-Iran conflict) have introduced mild safe haven demand, but so far the USD has underperformed versus the euro, suggesting EUR remains relatively insulated.
Watch for confirmation and entries within the blue demand box.
๐ Technical Analysis:
Structure: Clear uptrend with higher highs and higher lows. Price retraced to a well-defined 1H demand zone between 1.1490โ1.1500.
Setup: Anticipating a bounce from the demand zone targeting the recent high near 1.1620โ1.1630.
Entry Zone: 1.1490โ1.1500 (bullish reaction area)
Target: 1.1620โ1.1630 (previous supply zone)
Stop Loss: Below 1.1439 (recent swing low)
Risk-Reward Ratio: Approximately 1:2.5
๐ง Fundamental Context (as of June 16):
EUR Bias: Bullish โ ECB has paused cuts; euro is resilient despite geopolitical headwinds.
USD Bias: Bearish โ Fed is on pause; soft inflation data and geopolitical risks weigh on dollar strength.
Key Drivers:
Fed dovish tone (FOMC pause, lower CPI)
Strong EU resilience despite global tensions
CHF and JPY attracting safe haven flows over USD
๐
Key Events to Watch:
US Core PCE (next major inflation readout)
FOMC commentary and Fed speakers
Eurozone CPI and sentiment data
EURUSD Potential Topping ActionTaking a look at the 4hr chart, RSI is showing signs that the bullish momentum is starting to fade with the bearish divergence. In the event we get a 4hr candle that closes below the last, I'll be looking to start scaling some short positions with this pair.
Trade Safe - Trade Well.
EURUSD Bullish trend breakdown ahead selling possible shortEUR/USD Technical Breakdown ๐จ
The bullish trendline has been broken, along with the descending triangle support โ signaling a potential shift in momentum. ๐
๐ Entry Level: 1.14800 (Previous Resistance)
๐ฏ Target Zones: 1๏ธโฃ 1.14300 โ Key Demand Zone
2๏ธโฃ 1.14000 โ Next Demand Area
3๏ธโฃ 1.13800 โ Bullish Order Block (OB)
๐ Timeframe: 1H
We're watching price action closely as it approaches these zones โ expect reactions! โ ๏ธ
๐ฌ Drop your thoughts in the
EURUSD After the FedInterest rates remained unchanged, and EURUSD dropped to 1,1471.
Keep an eye out for a continued correction toward the next key support at 1,1370.
From that level, look for signs of a bounce and potential buying opportunities.
Make a note of the news release time and watch for market reaction.
EURUSD Is Going Down! Sell!
Please, check our technical outlook for EURUSD.
Time Frame: 1h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The price is testing a key resistance 1.146.
Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 1.143 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Like and subscribe and comment my ideas if you enjoy them!
EUR/USD Ready to Explode or Collapse? All Eyes on June 26 ๐บ Gann Trend Analysis
The red upward sloping line is a long-term Gann trendline connecting major swing lows since late May.
According to Gann principles, trendlines from major pivots are often tested again before a major reversal.
The annotation โa trend should be tested againโ aligns with the Gann philosophy: after price rallies away, it often returns to test the base trendline.
The cluster of vertical blue time cycle lines (June 26) implies an important Gann time window, potentially a reversal point.
๐ Channel & Price Structure
A small ascending wedge/channel is drawn in red, signaling rising but weakening momentum.
Price is now approaching key resistance zones marked in yellow and green (1.1640, 1.1650, 1.1660, 1.1683).
These resistance zones suggest potential exhaustion, making the upper boundary of the channel a sell zone.
๐ป Bearish Scenario & Projections
Blue arrows indicate the expected bearish path after hitting resistance.
The reversal target is the Gann trendline retest zone around 1.1500โ1.1520.
A break below this Gann trendline could trigger deeper drops in alignment with time-based cycles.
โ ๏ธ Conclusion
This setup implies:
Bearish divergence between price action and time cycles.
Resistance clusters = likely reversal point.
Retest of the long-term Gann trendline is highly probable.
EURUSD 1H is forming a Potential Bullish Reversal pattern
Price formed a Potential Double Bottom pattern with a neckline as current Temporary Resistance.
โข โ
Entry is triggered only after a confirmation candle breaks above the neckline.
โข Buy Stop is placed around the neckline to catch the momentum move.
โข Stop Loss is at the recent lower Low (safe and logical placement).
โข ๐ฏ Take Profit levels are based on measured move projections.
Trade Plan:
โข Buy Stop = 1.15264
โข Stop Loss = 1.14552
โข Take Profit 1: 1.15960
โข Take Profit 2: 1.16663
โข Lot size : 1:2 Risk Reward Ratio
โWaiting for neckline to break with Bullish confirmation candleโ โ this ensures you enter only on strong momentum.
EURUSD is forming a Potential Bullish Reversal pattern with wait and watch scenario.
Key Highlights:
โข โ
Pattern: Double Bottom
โข โ ๏ธ Confirmation: Break + Bullish candle
โข ๐ Risk Management: Tight SL, 2 TP levels
โข ๐งฉ Confluence: Trendline break + structure shift + RSI Divergence
EURUSD | m15 supply playPrice broke structure with a clean CHoCH, then pulled back into a refined M15 supply zone. After rejecting the imbalance area, I executed a short aiming for the next liquidity pool below 1.14250.
๐งฉ Confluences:
CHoCH + Lower High confirmation ๐
Supply zone entry + FVG rejection
3-candle mitigation + bearish pressure returning
๐ฏ Target: 1.14050
โ SL above: 1.14830
โStructure breaks first, then price tells the story. Patience pays.โ ๐ฅ๐
EURUSD For A Long BuyThe EURUSD broke out to the previous resistance level of 1.16317
The next resistance level is 1.22147. weaknesses and instability in the US Economy and its involvement in the Iran-Israeli war, which has resulted in uncertainty (geopolitical risk) among investors.
A Bullish flag pattern on the Daily Timeframe confirmed the break from the previous support, and fueled by the statement above, the Bullish flag pattern will continue to the resistance level 1.22147.
The 1.24162 level could serve as a resistance level if 1.22147 were to turn into support.
The highest level, 1.39710, is a level to watch out for, in the long term, if buying continues.
Conclusion: Current objective is a Buy to 1.22147.
EURUSD: the PCE on scheduleThe FOMC meeting was the main event watched closely by investors during the previous week. The Fed left rates unchanged, as was widely expected, but still counted on two 25bps cuts till the end of this year. The main information was related to the effects of implemented trade tariffs by the US Administration, for which the Fed expects to be reflected on the economy in the coming period. Inflation is the main concern in this sense, however, it could be only a one-off effect. The Fed continues to be data-driven when it comes to their decision.
As for other macro data posted during the previous week, the Retail Sales in May dropped by -0,9% for the month, which was higher from expected -0,7%. The Industrial Production in May also dropped by -0,2% on a monthly basis, bringing the indicator to the level of 0,6% compared to the previous year. Both figures were lower from market estimates. The Building Permits preliminary in May reached 1.393M, lower from forecasted 1,43M. At the same time Housing Starts in May reached the number of 1.256M, again lower from estimated 1,36M.
The ZEW Economic Sentiment Index in June for Germany was standing at the level of 47,5, higher from market estimate of 35. The same index for the Euro Zone was at the level of 35,3, again higher from forecasted 23,5. The Inflation Rate final in May for the Euro Zone was at the level of 0% for the month and 1,9% on a yearly basis, and without changes from the previous post. The Producers Price Index in Germany in May dropped by -0,2% for the month and -1,2% for the year.
As Middle East tensions have already been priced by markets, the previous week's focus was on the Fed. The market reaction on the news was not stronger as all known facts were already priced in. The eurusd was moving in a range between 1,1613 and 1,1448 during the week. The currency pair is closing the week at the level of 1,1523. The RSI is moving closer to the overbought market side, ending the week at the level of 59. The MA50 continues to diverge from MA200, without an indication of a forthcoming potential cross.
For the week ahead, charts are pointing toward both directions, with equal probabilities. On one side, there is a potential that the currency pair will most likely test the 1,16 level for one more time, but charts are not pointing toward the potential for higher grounds, at this moment. On the opposite side, there is probability that the 1,1450 will be tested for one more time, but the targeting levels will most probably be between 1,1420 and 1,1380. In every case, fundamentals to be watched in a week ahead are the May PCE data on Friday and Fed Chair Powell`s testimony in front of the Congress on Tuesday and Wednesday. These two events might bring higher volatility in case that new information emerges, which was up to now unknown to markets.
Important news to watch during the week ahead are:
EUR: HCOB Manufacturing PMI flash for June in Germany and the Euro Zone, Ifo Business Climate in June in Germany, GfK Consumer Confidence in July for Germany,
USD: S&P Global Composite PMI flash for June, Existing Home Sales in June, Fed Chair Powell testimony in front of the Congress on Tuesday, June 24th, Durable Goods Orders in May, GDP Growth Rate q/q final for Q1, PCE Price Index in May will be posted on Friday, June 27th.
EURUSD Channel Up formed bottom. Heavily bullish.The EURUSD pair has been trading within a Channel Up since the May 12 Low. Today it hit its 4H MA100 (green trend-line) for the first time since May 12 and having just broken also above its 4H MA50 (blue trend-line), it confirmed that the pattern has already priced its bottom.
This is initiating the new Bullish Leg and based on the previous two, it should grow by at least +3.21%. We have a modest short-term Target at 1.1800.
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๐ ๐ ๐ ๐ ๐ ๐
EUR/USD 4H CHART PATTERN.EUR/USD 4H chart, the chart analysis shows a bearish outlook after a potential rising channel breakdown. Here are the key bearish targets as shown:
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๐ Bearish Targets:
1. First Target Zone (FVG Area)
Price Range: Around 1.1400 โ 1.1350
This is marked as the Fair Value Gap (FVG) and could act as the first reaction/support zone.
2. Second Target Zone
Price Range: Around 1.1250 โ 1.1200
Clearly labeled as โTARGETโ in the middle of the chart.
3. Final Target Zone (Major Support)
Price Range: Around 1.1100 โ 1.1050
Also labeled โTARGETโ at the bottom. This aligns with a past support level and previous consolidation area.
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๐งญ Summary:
A breakdown from the rising channel is expected.
Price may drop first into the FVG zone (1.1350 area).
Then continue down to 1.1200.
Final support target sits near 1.1050.
Would you like me to help identify bullish invalidation or risk levels as well?
EURUSD Last push before correction.The EURUSD pair made a new High by breaking above the 1.15725 Resistance and is extending the rally since the January 13 2025 Low. That Low was the Higher Low of the multi-year Channel Up, so the current uptrend is technically its latest Bullish Leg.
The first Bullish Leg of that pattern peaked after a +15.75% rise. We expect a similar peak for the current rally, thus targeting 1.17750, before a new pull-back below the 1D MA50 (blue trend-line).
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๐ธ๐ธ๐ธ๐ธ๐ธ๐ธ
๐ ๐ ๐ ๐ ๐ ๐
EURUSD ||| '' W '' PATTERN IDENTIFIED . โ
Harmonic Formation (Bearish Potential)
โ ๏ธ Selling Bias forming soon
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๐งฉ Pattern Breakdown:
A Bearish Harmonic Pattern (likely Butterfly or Deep Crab) has been identified and is now nearing completion at the D point.
Current price is approaching key resistance / reversal zone, precisely around the 0.786 - 0.886 fib area (highlighted red).
The Risk-to-Reward is clearly mapped:
๐บ Stop Loss: 1.19405
โ
Entry Zone: Around 1.17106
๐ฏ Target: 1.09588
Potential short setup if price respects the harmonic symmetry and fails to break above resistance.
EURUSD Technical Outlook Bearish TrendEURUSD Technical Outlook โ 4H Timeframe
EURUSD has been pushing higher over the past few sessions, reaching a key liquidity zone. On the 4-hour chart, weโve observed a clean sweep of previous highs, indicating a potential liquidity grab.
From this zone, there's a high probability of a downside move, especially if the price fails to sustain above this level. Any bounce from this zone that lacks momentum may signal bullish exhaustion, opening the door for sellers to step in.
Resistance zone 1.16500
Support zone 1.14500
You may find more details in the chart Ps Support with like and comments for more analysis Thanks.
EURUSD โ Signs of Weakness, Risk of Trendline BreakEURUSD is showing signs of weakness after a strong rejection at the 1.16300 resistance zone โ a level that previously acted as a distribution area. Despite a brief rebound driven by mixed PMI data, the Euro failed to maintain its momentum and is now turning lower.
If price breaks below the support zone around 1.15400 โ which aligns with both the trendline and an old FVG โ a deeper decline toward the 1.15000 level could be triggered. Continued failure to surpass the 1.16300 resistance would further strengthen the corrective pressure.
On the fundamental side, expectations for the ECB to hold rates steady and weaker-than-expected Eurozone data are dampening the Euroโs outlook. Meanwhile, the US Dollar remains firm on safe-haven demand, with upcoming US GDP and Core PCE data likely to drive short-term direction.
EURUSD Short Part IIEURUSD Analysis
On EURUSD daily chart from CMC Markets quota, indicates a bullish trend with a symmetrical triangle pattern forming. The price has recently broken above a key resistance level, suggesting potential for continued upward movement.
Key Price Levels
Current Price: 1.16932
Stop Loss (SL): 1.16549
Take Profit 1 (TP1): 1.12003
Take Profit 2 (TP2): 1.09318
Trend Analysis
EURUSD shows clear signs on an ascending trend supported by higher lows and higher highs since early 2025. Both orange trend-lines which I created form a symmetrical triangle, with the price nearing the apex, hinting at a potential breakout or reversal which I have been looking for a reversal bearish breakout.
The upward momentum is strong, but the proximity to the upper trend-line and set take-profit levels indicates preparation for a possible correction. I still believe in shorts on EURUSD.
Conclusion
Traders and investors should monitor the price action near the triangle apex for breakout confirmation. The set stop loss and take-profit levels provide a structured approach to managing the trade, balancing potential gains with risk mitigation. Stay tuned for more updates on the trade.
EURUSD LAST LIQUIDITY GRAB BEFORE WE CRUSH :))Take 15m SELL as seen on the chart, with help of DIVENGANCE @ LIQUIDITY AREA give me more reason to take this SELL
I can see all the way to 1.113 but we will take profit along the way till final destination
Monday was horrible but Tuesday can be our start of the week :)
Thats trading for you :))
EUR/USD Slips Toward Trend SupportEuro plunged nearly 1.6% from the highs with price rebounding this week at former resistance at the 1.618% extension of the May advance. While the risk remains for a deeper correction towards the April uptrend, weโre looking for signs of support / that a low is in.
EUR/USD is trading within the confines of a proposed descending channel with price rebounding off confluent support at the lower parallel yesterday. The immediate focus is on this recovery with initial resistance eyed at the 61.8% retracement of the recent decline / the high-day close (HDC) at 1.1560/85. Ultimately, a breach / close above the 2016 high would be needed to mark uptrend resumption towards the upper parallel (currently near 1.1680s) and the August 2015 high / 78.6% retracement of the 2021 decline at 1.1714/47- both regions of interest for possible top-side exhaustion / price inflection IF reached.
Initial support rests at 1.1455 and is backed by the 38.2% retracement of the May advance at 1.1415. Note that the April trendline converges on this threshold mid-week and a break / close below this slope would be needed to suggest a more significant high weas registered las week / a larger trend correction is underway. Subsequent support rests with the objective monthly open at 1.1347 and the 2023 high / 61.8% retracement at 1.1276/82- look for a larger reaction there IF reached.
Bottom line: The Euro rally remains vulnerable to a test of uptrend support while below 1.1585. From a trading standpoint, losses would need to be limited to the April trendline IF price is heading higher on this stretch with a close above 1.1616 needed to mark uptrend resumption.
-MB
EURUSD: Important Supports & Resistances For Next Week ๐ช๐บ๐บ๐ธ
Here is my latest structure analysis for EURUSD for next week.
Consider these supports and resistances for breakout/pullback trading.
โค๏ธPlease, support my work with like, thank you!โค๏ธ
I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.