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!
Eurusdsell
EUR/USD Short ideas from 1.09100 or 1.09300My bias for EU is similar to GU, as I am mainly looking for sell opportunities. Last week’s price distribution across higher time frames has left promising zones to watch, specifically the 4-hour and 17-hour supply zones. If these zones are mitigated, I will look for redistribution within them.
If the price continues to drop, I will look for counter-trend trades to catch retracements, possibly from the 11-hour demand zone I’ve marked or the 5-hour demand zone if the price goes deeper.
Confluences for EU Sells:
Newly created supply zones near the UTAD show promising selling opportunities.
There is significant liquidity to the downside in the form of Asia lows and imbalances that need filling.
The dollar is bullish, aligning well with the bearish bias for EU.
This is a pro-trend trade on the higher time frame.
P.S. I will wait to see how the price action unfolds, as the current price is somewhat distant from my points of interest (POIs), but I expect the price to keep dropping.
EURUSD , Time for sell ?Hello traders, hope you doing great.
for upcoming Days, I think we'll probably see a downtrend in EURUSD from one of the specified Red Levels. so with a proper trigger, we can open a short position.
and finally tell me what do you think? UP or DOWN? leave your comment below .
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EUR/USD Shorts from 1.08600 back down.This week's forecast for EU is looking very promising for sells. I hope for price to break the current supply zone, although we might see a reaction from it before price reaches the daily supply zone above. This upper zone is a more valid level for taking sells.
If Monday opens with a sweep of the Asia high and a clear CHOCH, I might consider imminent sells from the current zone, but with lower risk as the POI is not ideal. From there, I expect price to drop into a demand zone, where I can look for new buying opportunities.
Confluences for EU Sells:
Price is in a supply zone and showing weakness in bullish pressure.
There is a daily supply zone above that holds good validity.
DXY is also in a demand zone, aligning with the negative correlation.
There is lots of liquidity and imbalance below, drawing price downward.
P.S. If price respects a nearby demand and breaks both supply zones, it will confirm a bullish bias, and I will start looking for buys.
EURUSD - Supply zone reached / Short trade opportunity !Hello Traders!
I see a confirmation of retracement from the supply zone, which for me is a good argument to execute a short trade.
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EURUSD TO SELL (FRENCH ELECTIONS, EUR CPI, USD POWELL SPEECH)As the French elections was a determining factor his week to the Euro, we must take account of EURO CPI news and USD Speech from Powell today as well. Therefore, the pair has created resistance and it has the possibility to drop for a sell.
TP: 1.07 or below
EURUSD: Bearish Institutional Order Flow Ahead!Greetings Traders!
Current Market Analysis:
At the moment, EURUSD is exhibiting multiple signs confirming a bearish institutional order flow.
Key Observations:
Divergence with DXY: Yesterday’s price action formed a divergence with the DXY (Dollar Index). Utilizing the Smart Money Tool (SMT), we recognize that such a divergence—where EURUSD and DXY, which usually move symmetrically, exhibit non-symmetrical movement—signals an anticipated reversal in price action. This divergence resulted in the price continuing downward after the buy stops were taken, indicating a bearish draw.
H1 Bearish Order Block: The primary point of interest is the H1 bearish order block. The presence of inefficiencies (liquidity voids and fair value gaps) below it signifies that it is a strong order block likely to be respected by the price.
Secondary Consideration: If the H1 bearish order block does not hold, the next point of interest is the H1 buy stops. If these buy stops are taken, I will look for a confirmation entry to the downside.
Trading Strategy:
Focus on Bearish Order Flow: Given the evidence of bearish institutional order flow, I am targeting the H1 bearish order block as the primary entry point for short positions.
Contingency Plan: Should the H1 bearish order block fail to hold, I will wait for the H1 buy stops to be taken before considering a confirmation entry towards the downside.
Target Levels:
Draw on Liquidity: The targets are displayed on the chart, with a specific focus on the engineered trendline liquidity. Sell stops are resting below these lows, making them a prime objective.
Conclusion:
By understanding the current bearish institutional order flow and leveraging key support and resistance levels, we can effectively anticipate and execute trades on EURUSD. The divergence observed with DXY and the strong H1 bearish order block support a bearish outlook, guiding our strategy towards taking advantage of short opportunities in the market.
For a detailed explanation on how to use the Smart Money Tool (SMT), please follow this link to one of my lectures:
Understanding Trend Analysis, SMT and ICT Concepts
Happy Trading,
The_Architect
EURUSD H4 / LOOKING FOR A SHORT TRADE FROM THE BEARISH OBHello Traders!
I am currently looking for bearish trade execution in case of retracement from the bearish OB. It represents my area of interest for the moment. I am waiting for confirmation.
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EUR/USD Shorts form 1.07100 or 1.07425My analysis for EU is similar to GU, focusing on sell opportunities. I'm particularly interested in a 4-hour supply level as a key area to take sells from. Once the price enters that zone, I will look for lower time frame (LTF) confirmation to continue the bearish trend.
If the price goes higher, which is also expected, a more favorable sell position would be around the 5-hour supply zone, as it offers a more advantageous selling point.
- Price has been very bearish recently indicating bears are more dominant.
- 5hr and 4hr supply levels left unmitigated thats now become our POI.
- Lots of liquidity left to the downside like Asia lows.
- DXY is also correlating and supporting this idea as the dollar is looking bullish right now.
- Lots of bearish pressure which means the correction is pending back up.
P.S. I expect this pair to start off bearish this week, aiming to break the nearby low. Afterward, I anticipate a reaction from the 4-hour demand zone, causing a retracement back up.
EURUSD : Short Trade , 4hHello traders, we want to check the EURUSD chart. After breaking the uptrend line, the price is moving in a downward trend and managed to break the specified support level with a strong downward movement. We expect the price of a pullback to hit the specified level and maintain its downward trend and fall to around the price of 1.06500. Good luck.
EURUSD, What's next ?Hello traders, hope you doing great.
for upcoming week, I think we'll probably see an upward correction in EURUSD to one of the specified Levels and then it will begin to fall again. so with a proper trigger, we can open a short position.
and finally tell me what do you think? UP or DOWN? leave your comment below .
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EURUSD SELL | Idea Trading Analysis#EURUSD moving higher as it tests the strong resistance level. The price has reached the resistance level..
The chart is moving from the upper boundary of the channel.
We expect the correction to continue..
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 🤝
EURUSD: Bearish Butterfly Pattern Signals ReversalThe EURUSD pair is currently forming a Bearish Butterfly Harmonic Pattern (XABCD), a classic reversal structure frequently observed in technical analysis. The Butterfly Pattern suggests that the current bullish momentum may soon exhaust, giving way to a potential bearish trend.
Potential Reversal Zone (PRZ):
Point D, at the completion of the Butterfly pattern, is identified as a Potential Reversal Zone (PRZ). This zone is critically important for several reasons:
Key Resistance Area: The PRZ aligns with a significant resistance level, historically indicating strong selling pressure.
4-Hour Trend Line: The zone coincides with a downward sloping trend line on the 4-hour chart, reinforcing the bearish outlook.
61.8% Fibonacci Retracement: The PRZ is also at the 61.8% Fibonacci retracement level of the preceding move, adding another layer of confluence to our bearish bias.
Entry and Risk Management:
Given the confluence of technical indicators at the PRZ, we anticipate a trend reversal to bearish from Point D. Our proposed trading strategy is as follows:
Entry Point: 1.08865
Stop Loss: 1.09030
The stop loss is strategically placed above the PRZ to protect against potential false breakouts and limit downside risk.
Take Profit Levels:
To effectively manage our positions and lock in profits, we have set multiple take profit levels:
TP-1: 1.08700
TP-2: 1.08535
TP-3: 1.08370
These targets are derived from previous support levels and the harmonic pattern projections.
Conclusion:
The confluence of the Bearish Butterfly pattern, key resistance, trend line, and Fibonacci level significantly strengthens the bearish case for EURUSD at Point D. By entering the market at 1.08865 with a stop loss at 1.09030, and targeting the specified take profit levels, traders can capitalize on the anticipated bearish reversal while maintaining disciplined risk management.
EUR-USD SellI see potential sells for eur-usd if price simply breaks back below 1.08480 for entry 1 or 1.08359 for entry 2. Making my tp at 1.08051. I could see myself taking this position if price goes down with momentum perferably at New York session. But this might also occur during London session. Good Luck
EUR/USDMy plan for EU this week is similar to GU, but with a focus on the nearby supply zone. I will look for a temporary sell-to-buy setup, especially interested in the 3-hour supply zone. However, I will proceed with caution and wait for a distribution to occur within the POI before considering any sells.
There is trendline liquidity above the supply, so I expect the zone might get breached to sweep the Asian high. Once price reaches the 11-hour supply zone, it will present a more favorable sell opportunity. If the price drops early, I will wait for it to reach the 10-hour demand.
Confluences for EU Sells are as follows:
- Price has changed character to the downside.
- Price has left a clean 3hr supply that is sitting ontop of some liquidity.
- Price left an imbalance below that needs to get filled.
- Price has been very bullish and can do with a retracement back down.
P.S. If the price reacts to the 3-hour supply, I will look to sell down to fill in some of the imbalance just above the 10-hour demand. At that area, I will shift my bias to buying, following a day trader approach.
Have a great trading week ahead guys!
EUR/USD Gave Yesterday +50 Pips 0 Drawdown , Good D Closure :DThis Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
EURUSD (Toward 1.08030)EUR/USD: Euro Dips Near $1.08 as Traders Await Fed Minutes
Despite the anticipation, analysts foresee no surprises, expecting the familiar "we're data dependent" stance from the US central bank. Fed Chair Jerome Powell has repeatedly emphasized that policymakers are closely monitoring all incoming data and are prepared to reduce interest rates if signs indicate the economy is at risk of derailing, potentially impacting businesses and consumers.
Technically:
The price reached the price we mentioned in the previous idea, it was the upper of the channel.
Now, the price will continue the bearish trend toward 1.08030 and then should break that to get 1.0770 and 1.07070
stability above 1.0883 means will start a new bullish trend toward 1.0992,
Previous Idea:
Pivot Price: 1.0853
Resistance Levels: 1.0992, 1.1045, 1.1075
Support Levels: 1.0803, 1.0768, 1.0707
The price is expected to oscillate between the support at 1.08030 and the resistance at 1.0883.
EUR/USD Ready For Sell To Get 150 Pips , Are You Ready ?This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
EUR/USD - Bearish Harmonic Pattern DetectedThe EUR/USD pair is currently forming a Bearish Harmonic Pattern (XABCD) on the 4-hour chart. This technical formation suggests a potential reversal zone (PRZ) at Point D, which is crucial for identifying a shift in market sentiment. Point D is further supported by a key support area and a 4-hour trend line, adding to the confluence for a bearish trend reversal.
Entry and Stop Loss:
For this trade setup, we recommend entering a short position at 1.08680. The stop loss is strategically placed at 1.08795 to mitigate risk and protect against unexpected market fluctuations.
Take Profit Levels:
We have identified three take-profit levels based on key support levels and historical price actions. These targets are designed to optimize returns while managing risk effectively:
TP-1: 1.08570
TP-2: 1.08455
TP-3: 1.08345
Technical Indicators and Confluence:
Bearish Harmonic Pattern (XABCD): The formation of this pattern is a strong indicator of a potential bearish reversal.
Potential Reversal Zone (PRZ): Point D aligns with a key support area, enhancing the likelihood of a reversal.
4-Hour Trend Line: The trend line provides additional support, reinforcing the bearish bias.
Conclusion
The confluence of the Bearish Harmonic Pattern, key support area, and 4-hour trend line strengthens our expectation of a bearish trend reversal at Point D. Traders should consider entering at 1.08680, with a stop loss at 1.08795, and aim for the identified take profit levels to maximize potential gains.