EURUSD - BULLISH MOVE "Demand Zone Reaction"DXY IS BEARISH, as EUR is currently at a critical decision point—either confirming a bullish reversal from the demand zone or continuing the downtrend.
Entry: Looking for bullish confirmation within the Demand Zone (1.03602 region).
🔹 Stop Loss (SL): Below the Demand Zone at 1.02006.
🔹 Take Profit (TP):
TP1: FVG Midpoint (1.04500)
TP2: Daily Resistance Level (1.05000)
TP3: Full Liquidity Grab (1.06500+)
🔹 Risk-to-Reward (R:R) Ratio: 4R+ potential.
🔎 Trade Confirmation Criteria
✅ Bullish rejection wicks or engulfing candles in the demand zone.
✅ Liquidity sweep followed by a strong move up.
✅ Market structure shift to bullish on lower timeframes.
❌ Invalidation
If price fails to hold the demand zone and breaks below 1.02006, it signals further downside, invalidating the trade idea.
🚨 Disclaimer: This is not financial advice. Always conduct your own research and risk management before entering trades.
🔔 What’s your bias? Are you looking to enter long or waiting for further confirmations? Drop your thoughts below! 🚀