Euro / U.S. Dollar
Long
Updated

EURUSD Analysis – Waiting for Reaction at Key Demand Zone

124
EURUSD

Technical Outlook:
EURUSD is forming a potential bullish continuation pattern.
I'm watching for a retracement to the demand zone around 1.1196, where a long opportunity may present itself if bullish confirmation appears.

Buy Scenario:

Wait for price to dip into 1.1196 zone

Look for bullish price action signals

Target: 1.1395

Stop loss: Below 1.1160

Sell Scenario (if broken):

Clean break of 1.1196, followed by retest (pullback)

Target: 1.0953

Note:
This setup is based on key market structure levels and potential reaction zones.
I update my levels weekly and track how price respects them.

For detailed entry points, trade management, and high-probability setups, follow the channel:
ForexCSP
Trade active
Note
[Update] EURUSD Reached RR 2.0

EURUSD has now reached our second reward target (RR 2).
We closed 50% of the position to lock in profits.
The remaining position will be managed with a trailing stop to maximize potential gains while protecting profits.

***** Let the market do the rest! *****

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