📊 EUR/USD - 1H Chart Analysis
🔹 Current Price: 1.08958
🔹 Market Structure: Bearish after BOS (Break of Structure) with supply zones in play
📍 Key Levels to Watch:
🔻 Resistance (Sell Zone): 1.09200 - 1.09450 (Supply Zone & FVG)
🟢 Demand Zone (Buy Area): 1.07800 - 1.07200 (Major Support)
📈 Bullish Scenario:
✅ If EUR/USD breaks and holds above 1.09250, it may push toward 1.09500 - 1.09700 (Fibonacci retracement targets).
📉 Bearish Scenario:
🔻 A rejection at 1.09200 - 1.09450 could drive EUR/USD down to 1.07800 - 1.07200 (major demand zone).
💡 Trading Plan:
🎯 Sell Setup: Look for bearish rejection at 1.09200 - 1.09450.
🎯 Buy Setup: Wait for a reaction at 1.07800 for potential long positions.
🎯 Risk Management: Stop-loss above resistance, TP at demand zones.
#FXFOREVER #EURUSD #ForexTrading #TechnicalAnalysis #FXFOREVER 🚀
🔹 Current Price: 1.08958
🔹 Market Structure: Bearish after BOS (Break of Structure) with supply zones in play
📍 Key Levels to Watch:
🔻 Resistance (Sell Zone): 1.09200 - 1.09450 (Supply Zone & FVG)
🟢 Demand Zone (Buy Area): 1.07800 - 1.07200 (Major Support)
📈 Bullish Scenario:
✅ If EUR/USD breaks and holds above 1.09250, it may push toward 1.09500 - 1.09700 (Fibonacci retracement targets).
📉 Bearish Scenario:
🔻 A rejection at 1.09200 - 1.09450 could drive EUR/USD down to 1.07800 - 1.07200 (major demand zone).
💡 Trading Plan:
🎯 Sell Setup: Look for bearish rejection at 1.09200 - 1.09450.
🎯 Buy Setup: Wait for a reaction at 1.07800 for potential long positions.
🎯 Risk Management: Stop-loss above resistance, TP at demand zones.
#FXFOREVER #EURUSD #ForexTrading #TechnicalAnalysis #FXFOREVER 🚀
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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.
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.