EUR/USD Bearish Setup: QM + Breakout Play Targeting Demand Zone!Hello guys!
I think eurusd is bearish! why?
A Range: Market consolidated in a tight horizontal range before breaking out.
QM Pattern: A lower high and lower low structure indicates potential for a trend reversal.
Neckline Break: Bearish confirmation with a strong break and close below neckline support.
Retest Zone: Price is now revisiting the QM supply zone, offering a high-probability short setup.
Bearish Projection: The next expected move is a drop toward the S&D (Support & Demand) zone between 1.12640 and 1.11900, which aligns with historical demand and previous accumulation.
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🎯 Bearish Target Zone:
First TP: 1.12640
Final TP: 1.11900 - 1.12080 (Demand Zone)
Forexeurusd
EURUSD - DAY TRADE VIEWEURUSD - As per the parallel channel it's running around a support zone and potential likely to reverse from here,
Go for buy here around 1.20740
Potential upside target 1.21250
Maintain stop loss around 1.20350
Follow the levels as mentioned in the chart.
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