EUR/USD: Exploring Bearish Setups at High Time Frame Resistance
In the current market scenario, EUR/USD is approaching significant high time frame (HTF) levels that pose as potential resistance. As we near these levels, it might be prudent to shift focus to the low time frame (LTF), scouting for bearish setups. What are your thoughts on this potential trade setup? Feel free to share your insights and analysis.
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đź’ˇ Why Follow?
Gain insights into my Fibonacci approach.
Track the progress of the 100k funded account challenge.
Participate in discussions to enhance your trading knowledge.
Note
so far this daily zone seems to be holding based on the current LTF price action (support breaking and lower highs)Order cancelled
Weak resistance. watch for the break and support
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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.