EURUSD 4hr BearishEU is still in a downtrend, after breaking and closing below the demand zone, this level will now serve as resistance. I expect more push to the downside once price breaks the minor trendline from this level.
However if price pushes up and close above the keyzone, my bias would change temporarily.
What is your bias?
Eurusdsells
EUR/USD SellsEUR/USD is in a HTF downtrend. We had a massive sell off from 1.16850 with lows being reached of 1.15135. Drawing my Fib Retracement i am currently looking for a sell entry @ 1.16245- 1.16250 which aligns with the 0.618 fib. This area is also a massive rejection zone on multiple HTF's making it an area of interest for me. Price may drop before reaching this area but I only want perfect entries, 1.16150 may be a selloff zone... Trade Safe :)