EURUSD bearish idea

13 Mei

📊 Chart Analysis: EUR/USD – Bearish Bias
🔍 Structure Overview:
:Timeframe: 1 Hour (H1)

: Current Price Area: Around 1.1112

: Market Structure: Bearish overall, with a potential pullback in progress before continuation to the downside.

🟪 Key Zones:
🔺 Resistance Zone (Purple Area around 1.1370–1.1415):
: Price previously rejected this zone strongly.

: Significant supply area; a strong reversal occurred here.

🔰 Sell Entry Zone: 1.1199 (Marked)
: A lower high is expected to form here.

Label: “Sell can be expected from this area.”

: This is a potential pullback entry point aligning with bearish continuation.

🟩 Support Zone: 1.1086–1.1064

:Watch for breakout of this zone. A break below it confirms bearish continuation.

: Label: "Wait for the breakout of this support.

📉 Sell Trade Plan:
Trigger: If price reaches ~1.1199 and forms a rejection or bearish pattern → enter short.

: Confirmation: Break of support at 1.1064–1.1086.

🎯 Targets:
1: TP1: 1.0950 – Logical support zone

2: Final TP: 1.0810 – Strong historical support


✅ Summary:
Bias: Bearish

Trade Type: Pullback sell followed by trend continuation

Conditions:

> Wait for pullback near 1.1199 (sell zone)

> Confirm break below 1.1086 support

> Target 1.0950 (TP1), 1.0810 (final target)

15 Mei

Dagangan aktif

We made some pips in buy as we analyzed, now our sell trade is activated.