EURUSD → Trade Analysis | SELL SetupEURUSD is moving in a descending channel under the trend lines.
The price has fallen under the dynamic support, which now acts as resistance.
We expect the decline to continue after testing the lower boundary of the channel.
Hello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity EURUSD
I still did my best and this is the most likely count for me at the moment.
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Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Eurusdprediction
7 Dimension Sell setup for EURUSDCore Analysis Method: Smart Money Concepts
😇7 Dimension Analysis
Time Frame: 15M
1: Swing Structure: The market has formed a bearish BOS after taking inducement. Now, the focus is on the corrective swing move as a pullback. The internal structure also supports a bullish corrective move toward the external POI, OB & BB with proper FVG and LIQ resting area in the discounted zone. We are using one regular entry module for this.
2: Pattern
🟢 CHART PATTERNS:
Reversal: Triple top is already formed at the top of the swing.
🟢 CANDLE PATTERNS:
We will check at the POI zone.
3: Volume:
🟢 Fixed range indicates full bearish control at the POI.
🟢 Volume during correction is almost dry.
4: Momentum RSI:
🟢 In strong bearish zone with proper bearish range shift and classic.
🟢 Grandfather-Father-Son entries based on H4 TF are intact and formed.
5: Volatility Bollinger Bands:
🟢 About to break after contraction, possible squeeze breakout in the lower band. Walking on the band is also expected here.
6: Strength: Based on ADX, bears fully control the market at this level.
7: Sentiment: Strong bearish.
✔️ Entry Time Frame: 15 min
✅ Entry TF Structure: BOS Bear
☑️ Trend line breakout: Awaited
💡 Decision: Sell limit
🚀 Entry: 1.08475
✋ Stop loss: 1.08580
🎯 Take profit: 1.07601
😊 Risk to reward Ratio: 7RR
🕛 Expected Duration: 2 days
SUMMARY: Analysis supports a sell position based on Smart Money Concepts methodology, with strong bearish signals from structure, volume, momentum, volatility, strength, and sentiment.
1-Hour Chart Analysis:EURUSD
On the 1-hour chart, EUR/USD is currently trading within a descending channel, indicating a downtrend. The price has tested the upper boundary of the channel multiple times (as marked by the red arrows), showing resistance around the 1.0850 level. The lower boundary has acted as support, with the most recent bounce occurring near the 1.0800 level (indicated by the grey arrows).
The RSI is displaying a bullish divergence, suggesting a potential reversal or consolidation phase. A break above the 1.0850 level could lead to a move towards the next resistance level around 1.0880. Alternatively, a breakdown below 1.0800 could see the pair testing lower supports at 1.0750 and 1.0700.
EURUSD Trade Idea👉 My bias for EURUSD is bearish according to this 4H chart. We can clearly see lower highs and lower lows, along with a break in market structure to the downside, accompanied by significant displacement with the candle above the break. As always, trading involves risk. This is not intended as financial advice, and it's wise to trade responsibly with consistent and conservative risk management.
EUR/USD Outlook ICT ConceptsEUR/USD Analysis
💰 Welcome to Your Channel!
Welcome to our channel where we delve into the intricacies of financial markets. Today, we focus on EUR/USD, dissecting its current price action to uncover strategic trading opportunities. Join us as we analyze key levels and market dynamics, aiming to refine our trading strategies and maximize potential gains.
💡 Previous Analysis Review:
We expected the price to expand lower into the sell-side liquidity (SSL) and hit the equilibrium (50% of the range), which it did.
📍 Current Market Overview:
The current price is around 1.08337. The price is retracing higher to the Fair Value Gap (FVG) above. We need to see how the price interacts with this level—whether the FVG holds or if an Inversion Fair Value Gap (IFVG) is created.
🔍 Identifying Key Levels:
PMH: Previous Month High
PWL: Previous Week Low
PWH: Previous Week High
BSL: Buy-Side Liquidity
SSL: Sell-Side Liquidity
EQH: Equal Highs
FVG: Fair Value Gap, highlighting areas of imbalance
Daily FVG: Daily Fair Value Gap, highlighting areas of imbalance on the daily timeframe
📊 Key Considerations:
Current Price Position: The price is trading around 1.08337, with a recent sweep of the SSL and hitting the equilibrium.
FVG Interaction: The price is retracing higher to the FVG above, and we need to observe if the FVG holds or an IFVG is created.
SMT with GBP/USD: SMT (Smart Money Technique) with GBP/USD at the lows is another bullish confluence. The EUR swept the SSL, but the GBP did not reach that level.
Equal Highs: The EQH above the chart could be a target for the price.
📈 Bullish Scenario:
Given the current price action and key considerations, a bullish scenario is possible if the following conditions are met:
FVG Holds: If the FVG above holds, it could be a bullish signal.
SMT Confirmation: The SMT with GBP/USD at the lows adds to the bullish confluence.
Targeting EQH: The price could aim for the Equal Highs above the chart.
📉 Bearish Scenario:
A bearish scenario should be considered if the following conditions are met:
Key Buy-Side Levels Taken: For a bearish scenario, we need one of the key buy-side levels to be taken.
Low Resistance Buy-Side Liquidity: In the lower timeframe, we create some low resistance buy-side liquidity and sweep them. After that, we could aim for lower prices.
🧠 SMT Explanation
Smart Money Technique (SMT):
SMT divergence occurs when two correlated assets, such as EUR/USD and GBP/USD, exhibit different price behaviors at their respective lows. In this case, EUR/USD created a lower low, while GBP/USD made a higher low. This SMT divergence indicates a bullish scenario for EUR/USD, suggesting that the lows below the SMT may act as protected levels.
📊 Chart Analysis Summary:
Bullish Expectation: The expectation is for the price to potentially continue higher if the FVG above holds and considering the SMT with GBP/USD. The target could be the Equal Highs above the chart.
Bearish Expectation: For a bearish scenario, we need either one of the key buy-side levels to be taken or in the lower timeframe, create some low resistance buy-side liquidity and sweep them. After that, we could aim for lower prices.
🙏 Thank you for joining us!
Exploring EUR/USD today highlighted the importance of effective risk management in trading success. Prioritize research, implement robust strategies, and seek guidance for confident market navigation. Stay tuned for more insights on our channel. Here's to profitable trading and continuous learning!
⚠️ Disclaimer
The information provided here is for educational purposes only and should not be taken as financial advice. Always conduct your own research and consult a licensed financial advisor before making any investment decisions.
GBP USD Trade Setup on 30-Minute TimeframeOn the 30-minute timeframe, GBP USD has formed a bearish break and retest pattern.
Currently, there is no entry candlestick confirmation. We need to see at least a Doji and close below, a Bearish Engulfing, a Pin Bar, or a Hammer candlestick confirmation at this level before we can execute this SELL trade.
EURUSD trading signals✨EUR/USD is trading highs near 1.0850 during the European session on Thursday. The pair ignored risk-on market sentiment and dismal German IFO data, finding support from US dollar weakness. Traders are now looking to US Q2 GDP data for fresh guidance.
✨Technically EURUSD is in an uptrend. Our BUY signal is in the critical zone of the EMA combined with the Fibonacci 0.5 retracement level. The starting point of wave 5 of the Elliot wave model with the expectation that the currency pair will reach the resistance level at 1.1000 coincides with Fibonacci 1.272.
BUY EURUSD now zone 1.08500-1.08300
↠ Stoploss 1.08000
→ Take Profit 1 1.08800
→ Take Profit 2 1.09500
EUR/USD Short ideas from 1.08900 back downMy analysis for EUR/USD aligns with my outlook on other major pairs against the dollar, focusing on sell opportunities. The continued break of structure to the downside has left a promising 14-hour supply zone that looks ideal for short positions.
Within this zone, we might see a deeper mitigation of around 50%, making it easier to identify the UTAD (upthrust after distribution). Once the price forms a Wyckoff distribution on the lower time frame, I will look for a precise entry point.
Confluences for EU Shorts are as follows:
- Price currently formulating lower lows and lower highs.
- Supply zone on the 14hr that has caused a break of structure to the downside.
- Lots of liquidity to the downside in the form trend line and Asia lows.
- DXY (DOLLAR) is also bullish on the higher time so overall this is a PRO trend trade idea.
P.S. If the price continues to break down, I will be looking out for new supply zones until the price approaches the 23-hour demand zone, where short-term buys may become viable.
Remember NFP Friday this week so stay vigilant!
EURUSD I Potential bullish rise but trading in weekly rangeWelcome back! Let me know your thoughts in the comments!
** EURUSD Analysis - Listen to video!
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Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
EURUSD LongLong with Cluster Zone as target.
Position split to 2. First order market. 2 orders below the range that had formed in the morning, at a low of 1.0825.
2 Build an order with a limit in the market or gradually over several partial positions. Below the low are several old value zones that should provide support. There are also some important dates on the calendar today that could give the EUR a boost up.
There could be a downward spike that you can use to get better prices.
On weekly and monthly charts the EUR is gaining strength. So my bias is Long
EURUSD and GBPUSD top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
EURUSD Analysis (July 22-July 27)🌐Fundamental analysis:
EUR/USD fell slightly below 1.09. ECB kept interest rates unchanged as expected and left open a decision on interest rates in September. The US Dollar (USD) regained upward momentum on Thursday, bringing the USD Index (DXY) back above 104 .00, thanks to a significant recovery in US bond yields.
In his press conference, the ECB president expected the recovery to be supported by consumption, emphasizing the resilience of the labor market. Domestic inflation remains high and wages are growing at a high rate. Besides, investors are still debating whether the Fed will make one or two interest rate cuts this year.
Meanwhile, the prospect of an economic recovery in the Eurozone and signs of cooling in key US economic indicators could ease the ongoing divergence in monetary policy between Fed and ECB, sometimes supporting the EUR/USD pair in the near future.
🕯Technical analysis:
Expect EUR/USD to face the next upside resistance at 1.096, followed by the January high of 1.110. On the upside, if the bears regain control, the pair could target the 1.0820 EMA support zone before sliding to the June low of 1.0666. Looking at the big picture, it seems like the growth momentum will continue if the price line remains above the two EMA lines.
There are two break out levels to form a very important trend of the pair at 1.096-1.082.
Support: 1,083-1,068
Resistance: 1,096-1,110
SELL EURUSD zone 1.110-1.130 Stoploss 1.140
BUY EURUSD zone 1.082-1.080 Stop loss 1.079
EUR/USD Sell SetupThe current technical analysis supports a bearish outlook on EUR/USD. By carefully monitoring key resistance levels and using proper risk management, this sell setup aims to capitalize on the expected downtrend while minimizing potential losses. Always stay informed about market conditions and be prepared to adjust your strategy as necessary.
EUR/USD Outlook ICT ConceptsEUR/USD Analysis
💰 Welcome to Your Channel!
Welcome to our channel where we delve into the intricacies of financial markets. Today, we focus on EUR/USD, dissecting its current price action to uncover strategic trading opportunities. Join us as we analyze key levels and market dynamics, aiming to refine our trading strategies and maximize potential gains.
💡Previous Analysis Review:
In the previous analysis, we expected the price to expand lower because we took the previous month low, a key liquidity level. This expectation was met, and the price continued its downward movement.
📍Current Market Overview:
Currently, the price is around 1.08385. The price has swept the previous week low, which is another key level. This could indicate a potential shift in direction.
🔍 Identifying Key Levels:
The chart highlights several significant levels and zones influencing the current market behavior:
• PML: Previous Month Low
• PWH: Previous Week High
• PWL: Previous Week Low
• BSL: Buy-Side Liquidity
• SSL: Sell-Side Liquidity
• SMT: Smart Money Technique (with GBP/USD at 1.08953)
• 50% Range: The midpoint of the range
📊 Key Considerations:
• Current Price Position: The price is trading around 1.08385, below the previous week low.
• Previous Week Low: The previous week low has been swept, indicating a potential shift in direction.
• SSL and 50% Range: The SSL is also the 50% level of the range, making it a significant level to watch.
📈 Bullish Scenario:
Given the current price action and key considerations, a bullish scenario is possible if the following conditions are met:
• Sweep PWL: The price has already swept the previous week low, which could indicate a potential bullish reversal.
• Lower Time Frame Confirmation: Look for confirmation in the lower time frame to take long positions.
📉 Bearish Scenario:
A bearish scenario should be considered if the following conditions are met:
• Continuation Lower: The price could continue going lower to the SSL, which is also the 50% of the range.
• Key Levels Taken: If the SSL level is taken out, it could indicate further bearish movement towards the lower range.
📊 Chart Analysis Summary:
• Bullish Expectation: The expectation is for the price to potentially reverse after sweeping the previous week low and look for confirmation in the lower time frame for long positions.
• Bearish Expectation: If the price continues lower, the SSL and the 50% of the range are significant levels to watch for potential bearish continuation.
Understanding these key levels and the current market behavior helps in making informed trading decisions.
🙏 Thank you for joining us!
Exploring EUR/USD today highlighted the importance of effective risk management in trading success. Prioritize research, implement robust strategies, and seek guidance for confident market navigation. Stay tuned for more insights on our channel. Here's to profitable trading and continuous learning!
⚠️ Disclaimer
The information provided here is for educational purposes only and should not be taken as financial advice. Always conduct your own research and consult a licensed financial advisor before making any investment decisions.
7 Dimension Buy Trade Setup for EURUSD Core Analysis Method: Smart Money Concepts
😇7 Dimension Analysis
Time Frame: H1/M5
1: Swing Structure: Bullish with inducement done. Corrective swing move reaches the extreme POIs, also gives a pullback at the demand level, forming a bullish internal structure. Mitigated all POIs including extreme OB, FVG, and liquidity sweep area inside the structure in the discounted zone. Swing support demand zone plays a significant role at this point and this zone also acts as a change in polarity zone.
2: Pattern
🟢 CHART PATTERNS: Reversal: Double bottom chart patterns also indicate a reversal.
🟢 CANDLE PATTERNS: Momentum: Many bullish and bearish big candles show huge activity in this area, indicating execution momentum is on the sell side and building momentum on the buy side, but buyers look strong. Narrow range 4 pattern possibly formed and a tower bottom is also fully formed, indicating a buy-side reversal.
3: Volume
🟢 Fixed Range: According to this, many bulls are active in this area and have very good buy pressure.
4: Momentum RSI
🟢 With 2 bullish divergences in the bearish range indicating a momentum shift from bearish to sideways range shift.
5: Volatility Bollinger Bands
🟢 After corrective volatility expansion, now volatility is going to cool down and might be for one day, price can consolidate in this range and then start another impulsive move on the bull side with a possible upper band squeeze breakout walking on the band because right at this level we also see a W Bollinger band pattern and lower band puncher.
6: Strength: EUR is strong.
7: Sentiment: All indicators point to buy sentiments.
✔️ Entry Time Frame: M5
✅ Entry TF Structure: CHOCH in M5 and also mitigated all the POIs in entry time frames
☑️ M5 Trend Line Broke
💡 Decision: Buy
🚀 Entry: 1.08845
✋ Stop Loss: 1.08753
🎯 Take Profit: 1.09232
😊 Risk to Reward Ratio: 4.24 RR
🕛 Expected Duration: 2 Days
Short SUMMARY: Analysis supports a strong buy position based on the Smart Money Concepts methodology.