The EUR/USD 1-hour chart shows a bearish breakout from the rising channel, indicating a potential shift in momentum. Price is currently interacting with the Fair Value Gap (FVG), making this a critical decision point.
Here are three possible scenarios:
✅ Scenario 1: If price reclaims the FVG and re-enters the bullish channel, we could see a rally toward the 0.618-0.65 Fibonacci retracement level.
❌ Scenario 2: Price could reject at the FVG and continue its bearish momentum but remain above recent lows.
📉 Scenario 3: A stronger bearish continuation could push price further down, breaking through key support levels.
Which scenario do you think will play out? Drop your predictions below! 🔥📊
Here are three possible scenarios:
✅ Scenario 1: If price reclaims the FVG and re-enters the bullish channel, we could see a rally toward the 0.618-0.65 Fibonacci retracement level.
❌ Scenario 2: Price could reject at the FVG and continue its bearish momentum but remain above recent lows.
📉 Scenario 3: A stronger bearish continuation could push price further down, breaking through key support levels.
Which scenario do you think will play out? Drop your predictions below! 🔥📊
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we hit the 50% line of the FVG, will a drop follow now?
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MY LINKS
📈 Free Signals
bit.ly/3YxiRXr
💬 Discord Community
bit.ly/4jHHA3O
💵 Favorite Exchange
bit.ly/4lBeTXt
📈 Free Signals
bit.ly/3YxiRXr
💬 Discord Community
bit.ly/4jHHA3O
💵 Favorite Exchange
bit.ly/4lBeTXt
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.