Chart Date: April 17, 2025 | Timeframe: 2-Week | Pair: EUR/USD
KEY LEVELS (RESISTANCE & SUPPORT)
CURVE ANALYSIS ๐งพ
TRADE OUTLOOK ๐ (SHORT BIAS)
ENTRY PLAN ๐ง | TRADE IDEA
RISK MANAGEMENT ๐ฏ
SUMMARY: SHORT SETUP INSTITUTIONAL ZONE ๐
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.
๐ก "Discipline | Consistency | PAY-tience"
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 ๐งพ
- 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 ๐ (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 โ๏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 ๐ง | TRADE IDEA
- Wait for bearish engulfing or strong rejection below 1.13982
- Place entry below 1.12022 with SL above 1.14950
- Scale out at 1.08291 (TP1), then trail toward TP4
RISK MANAGEMENT ๐ฏ
- 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 ๐
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.
๐ก "Discipline | Consistency | PAY-tience"
Professor C. E. Ward
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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.
Professor C. E. Ward
Related publications
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.