Hello traders! Here’s my technical outlook based on the current EURUSD (3H) chart structure. EURUSD previously traded inside an ascending channel before breaking below channel support and a long-term descending trendline, signaling a shift in momentum. Following a brief consolidation range, sellers regained control and pushed the pair to fresh lows.
Currently, price is trading above the 1.1330 Demand Zone while remaining below the 1.1440 Supply Zone. A recent rebound from the demand area shows buyers attempting a recovery, though the broader structure remains bearish as price stays beneath the broken trendline.
As long as the EURUSD pair holds below the 1.1440 supply zone, the pullback scenario remains valid. A bearish rejection in this area would offer a high probability opportunity for a short-term position to take advantage of the dominant downtrend, targeting the 1.1330 demand zone as TP1. Manage your risk!
Currently, price is trading above the 1.1330 Demand Zone while remaining below the 1.1440 Supply Zone. A recent rebound from the demand area shows buyers attempting a recovery, though the broader structure remains bearish as price stays beneath the broken trendline.
As long as the EURUSD pair holds below the 1.1440 supply zone, the pullback scenario remains valid. A bearish rejection in this area would offer a high probability opportunity for a short-term position to take advantage of the dominant downtrend, targeting the 1.1330 demand zone as TP1. Manage your risk!
Trade ist aktiv
So far we can see a corrective movement. In my opinion, sellers will soon intervene and the price will go down again since the structure has not been broken yet!
🔶 Free telegram channel👉 t.me/heniitrading
🔥 Join our paid VIP community with Forex and Crypto signals in order to improve your trading skills, my contact 👉 t.me/henii_trader
💎 I'm open for cooperation/advertising, not interested in rebate
🔥 Join our paid VIP community with Forex and Crypto signals in order to improve your trading skills, my contact 👉 t.me/henii_trader
💎 I'm open for cooperation/advertising, not interested in rebate
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
🔶 Free telegram channel👉 t.me/heniitrading
🔥 Join our paid VIP community with Forex and Crypto signals in order to improve your trading skills, my contact 👉 t.me/henii_trader
💎 I'm open for cooperation/advertising, not interested in rebate
🔥 Join our paid VIP community with Forex and Crypto signals in order to improve your trading skills, my contact 👉 t.me/henii_trader
💎 I'm open for cooperation/advertising, not interested in rebate
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.