EURUSD (2W) | TECHNICAL ANALYSIS

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Chart Date: April 17, 2025 | Timeframe: 2-Week | Pair: EUR/USD

KEY LEVELS (RESISTANCE & SUPPORT)
  • Pivot High (Stop-Loss): 1.14950
  • Resistance (Major): 1.14154

  • Support I (Proximal): 1.05166
  • Support I (Distal): 1.04072

  • Support (Proximal): 0.98605
  • Support (Major): 0.97500
  • Support (Distal): 0.95936


CURVE ANALYSIS ๐Ÿงพ
  • Sell Order: 1.13982 โ†’ 1.12022
  • Sell TP 1: 1.08291
  • Sell TP 2 (Mid Pivot): 1.05155
  • Sell TP 3: 1.02846
  • Sell TP 4: 0.99278
  • Buy Order: 0.98421 โ†’ 0.96340
  • Pivot Low (Stop-Loss): 0.95360


TRADE OUTLOOK ๐Ÿ“‰ (SHORT BIAS)
  • Price is deep within a 2W hidden institutional supply zone
  • Multiple pivot highs intersect resistance at 1.13982 and 1.14950
  • DOWNWARD TREND confirmed โœ”๏ธ
  • If price fails to close above 1.14950, short setups are favored with confidence
  • High RRR opportunity present on rejections below 1.13982 or 1.12022
  • Targets: 1.08291, 1.05155, 1.02846, 0.99278


ENTRY PLAN ๐Ÿง  | TRADE IDEA
  1. Wait for bearish engulfing or strong rejection below 1.13982
  2. Place entry below 1.12022 with SL above 1.14950
  3. Scale out at 1.08291 (TP1), then trail toward TP4


RISK MANAGEMENT ๐ŸŽฏ
  • Sell SL: 1.14950
  • Buy SL: 0.95360
  • Use ATR to confirm volatility threshold before entry
  • Session bias: Use London/NY overlap for execution


SUMMARY: SHORT SETUP INSTITUTIONAL ZONE ๐Ÿ“‰
If 0.64086 (hidden institutional supply) holds, and price does not close above 1.14950, we are in a prime high-probability reversal zone. This sets up a powerful bearish swing opportunity targeting 4 support layers, anchored by institutional demand between 0.97500 - 0.95360.

๐Ÿ’ก "Discipline | Consistency | PAY-tience"

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