EURUSD remains in a clear bearish trend on the 4H timeframe.
Market structure is bearish with multiple Lower Highs (LH) and Lower Lows (LL).
Price confirmed the trend after a Break of Structure (BOS).
Current expectation is a retracement into the 0.618 Fibonacci level, which aligns with a Fair Value Gap (FVG).
This confluence zone may provide a high-probability selling opportunity if bearish confirmation appears.
Patience is key—wait for price action confirmation before entering.
Bias: Bearish 📉
Disclaimer: This analysis is for educational purposes only and is not financial advice.
Market structure is bearish with multiple Lower Highs (LH) and Lower Lows (LL).
Price confirmed the trend after a Break of Structure (BOS).
Current expectation is a retracement into the 0.618 Fibonacci level, which aligns with a Fair Value Gap (FVG).
This confluence zone may provide a high-probability selling opportunity if bearish confirmation appears.
Patience is key—wait for price action confirmation before entering.
Bias: Bearish 📉
Disclaimer: This analysis is for educational purposes only and is not financial advice.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.