In this session, I break down EURUSD using a complete top-down approach — starting from the monthly and weekly timeframes to build directional bias, then drilling down into daily and 4H to identify positioning opportunities.
🔎 Monthly:
Price is holding above a key level and retesting after a strong close. We’re reacting between the 38.2% and 50% retracement of the last impulsive leg. Structure remains bullish overall.
🔎 Weekly:
Key level holding. Inside bar formation. Bounce from the 61.8% retracement aligning with structure. Potential move toward previous weekly highs — but also discussing the alternate downside scenario.
🔎 Daily:
Price holding above 50 MA and respecting structure. Currently positioned long with invalidation below structure low. However, the highest probability setup comes only after a confirmed break and pullback above key resistance.
🎯 Game Plan:
Bias: Bullish
Current position: Holding with structured stop
Best opportunity: Break → correction → continuation
Waiting for full alignment across higher timeframes before increasing exposure.
This is not about predicting. It’s about reacting to structure, alignment, and confirmation.
#EURUSD #Forex #PriceAction #MultiTimeframe #TradingView #SwingTrading #RiskManagement
🔎 Monthly:
Price is holding above a key level and retesting after a strong close. We’re reacting between the 38.2% and 50% retracement of the last impulsive leg. Structure remains bullish overall.
🔎 Weekly:
Key level holding. Inside bar formation. Bounce from the 61.8% retracement aligning with structure. Potential move toward previous weekly highs — but also discussing the alternate downside scenario.
🔎 Daily:
Price holding above 50 MA and respecting structure. Currently positioned long with invalidation below structure low. However, the highest probability setup comes only after a confirmed break and pullback above key resistance.
🎯 Game Plan:
Bias: Bullish
Current position: Holding with structured stop
Best opportunity: Break → correction → continuation
Waiting for full alignment across higher timeframes before increasing exposure.
This is not about predicting. It’s about reacting to structure, alignment, and confirmation.
#EURUSD #Forex #PriceAction #MultiTimeframe #TradingView #SwingTrading #RiskManagement
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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.
Related publications
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.