Following a strong bullish move, EURUSD is now entering a premium zone where I expect sell-side pressure to start building up. Similar to my GBPUSD analysis, this setup is based on liquidity collection and a potential change of character (CHOCH) before bearish continuation.
🔍 Key Technical Observations:
Price is currently reacting within a FVG zone, suggesting a temporary bullish push might grab liquidity before reversal.
I'm closely watching for CHOCH confirmation, followed by impulsive bearish momentum toward demand zones.
Targets are aligned with structure levels and imbalance zones between 1.1080 and 1.0780.
🛡️ Strategy Note:
Patience is key here. I'll wait for signs of exhaustion or manipulation above the highs before engaging in any short bias.
This idea continues to follow my model of trend exhaustion, liquidity sweeps, FVG reaction, and CHOCH validation.
— Emerson Massawe
🔍 Key Technical Observations:
Price is currently reacting within a FVG zone, suggesting a temporary bullish push might grab liquidity before reversal.
I'm closely watching for CHOCH confirmation, followed by impulsive bearish momentum toward demand zones.
Targets are aligned with structure levels and imbalance zones between 1.1080 and 1.0780.
🛡️ Strategy Note:
Patience is key here. I'll wait for signs of exhaustion or manipulation above the highs before engaging in any short bias.
This idea continues to follow my model of trend exhaustion, liquidity sweeps, FVG reaction, and CHOCH validation.
— Emerson Massawe
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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.
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.