📉EURAUD remains structurally bearish, with price still respecting the broader descending trendline.
The recent bounce is corrective in nature and has brought price back into a key supply zone, right at the intersection with the upper trendline.
This area is critical.
⚔️As long as price remains capped below this confluence, the higher-timeframe bias stays bearish. This is exactly the type of zone where trend-following shorts become attractive — not blindly, but through confirmation on lower timeframes.
What matters here is not the level alone, but the reaction:
rejections, momentum loss, and lower-timeframe bearish structure will be the trigger.
If sellers defend this intersection, continuation to the downside remains the higher-probability scenario.
Will sellers step in again at the trendline, or will buyers surprise? 🤔
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
📚 Stick to your trading plan regarding entries, risk, and management.
Good luck! 🍀
All Strategies Are Good; If Managed Properly!
~Richard Nasr
The recent bounce is corrective in nature and has brought price back into a key supply zone, right at the intersection with the upper trendline.
This area is critical.
⚔️As long as price remains capped below this confluence, the higher-timeframe bias stays bearish. This is exactly the type of zone where trend-following shorts become attractive — not blindly, but through confirmation on lower timeframes.
What matters here is not the level alone, but the reaction:
rejections, momentum loss, and lower-timeframe bearish structure will be the trigger.
If sellers defend this intersection, continuation to the downside remains the higher-probability scenario.
Will sellers step in again at the trendline, or will buyers surprise? 🤔
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
📚 Stick to your trading plan regarding entries, risk, and management.
Good luck! 🍀
All Strategies Are Good; If Managed Properly!
~Richard Nasr
交易结束：到达目标
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📊I help you turn charts into a career
theSignalyst.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
theSignalyst.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。