๐ EUR/USD 1H Chart Breakdown!
๐ด Bearish Setup in Play!
EUR/USD is trading within a supply zone (1.08938 - 1.09121) and showing signs of rejection. If the price sustains below this area, we could see a deeper move downward.
๐ Key Levels to Watch:
๐ Supply Zone: 1.08938 - 1.09121
๐ Target: 1.08350
โ ๏ธ Break Below 1.08938 โ Expect bearish continuation
๐ฅ Trade Idea:
๐ด Sell Below: 1.08938
๐ฏ Target: 1.08350
๐ Stop Loss: Above 1.09121
๐ Market Sentiment:
Bearish bias while below 1.08938. If price breaks above 1.09121, a reversal to the upside may occur.
๐ข Watch for confirmations before entering a trade!
#EURUSD #ForexTrading #SmartMoney #PriceAction #LiquidityGrab #FXFOREVER ๐๐
๐ด Bearish Setup in Play!
EUR/USD is trading within a supply zone (1.08938 - 1.09121) and showing signs of rejection. If the price sustains below this area, we could see a deeper move downward.
๐ Key Levels to Watch:
๐ Supply Zone: 1.08938 - 1.09121
๐ Target: 1.08350
โ ๏ธ Break Below 1.08938 โ Expect bearish continuation
๐ฅ Trade Idea:
๐ด Sell Below: 1.08938
๐ฏ Target: 1.08350
๐ Stop Loss: Above 1.09121
๐ Market Sentiment:
Bearish bias while below 1.08938. If price breaks above 1.09121, a reversal to the upside may occur.
๐ข Watch for confirmations before entering a trade!
#EURUSD #ForexTrading #SmartMoney #PriceAction #LiquidityGrab #FXFOREVER ๐๐
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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.
fxforever
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.