Euro / U.S. Dollar
Short
Updated

EUR/USD Rejection at Key Resistance โ€“ Bearish Drop Incoming?

205
EUR/USD 4H Chart Analysis ๐Ÿ“‰๐Ÿ”ฅ
Key Observations:
Resistance Zone (Supply Area) ๐Ÿšจ

Price has tested a strong resistance level (marked by the shaded box) near 1.0500.
Multiple rejections in this area suggest selling pressure is strong.
Potential Reversal Setup ๐Ÿ”„

The price has wicked into resistance and started showing weakness.
A lower high structure could be forming, indicating a possible trend shift.
Bearish Outlook ๐Ÿป๐Ÿ“‰

A break below recent support would confirm a sell-off targeting the lower price range.
The chart suggests a potential move towards 1.0350 - 1.0300 levels.
The 200 EMA (1.0425) is acting as dynamic support, but a break below it will accelerate the drop.
Liquidity Grab & Stop Hunt ๐ŸŽฏ

Price action could have trapped buyers before reversing.
A potential stop-loss hunt above the previous highs before a drop.
Trading Plan ๐Ÿ’ก
โœ… Sell Bias: Look for confirmations like bearish engulfing candles or break below 1.0450.
โŒ Invalidation: A clean breakout above 1.0510 cancels the bearish setup.
๐ŸŽฏ Target Levels: 1.0350, 1.0300.

๐Ÿ”ฅ Final Verdict: Bearish setup forming. Watch for breakdown confirmation! ๐Ÿš€
Trade active
snapshot

๐Ÿš€ EUR/USD Bearish Setup Unfolding โ€“ Big Drop Loading? ๐Ÿ“‰๐Ÿ”ฅ
The market is playing out exactly as expected! ๐Ÿ“Š๐Ÿ”ฅ EUR/USD rejected the key resistance zone (1.0500), confirming strong selling pressure. The anticipated drop is underway, and if price breaks below 1.0425 (200 EMA), we could see a deeper decline toward 1.0350 โ€“ 1.0300.

๐Ÿป Bearish Confirmation Signs:
โœ… Strong rejection from resistance.
โœ… Lower high formation signaling weakness.
โœ… Liquidity grab before a potential sell-off.

๐ŸŽฏ Targeting lower levels โ€“ Bears in control! Stay sharp, traders! ๐Ÿšจ๐Ÿ”ฅ

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