Hello traders! Here’s my technical outlook based on the current EURUSD (1H) chart structure. EURUSD previously traded inside an ascending channel before breaking below the lower boundary, confirming a bearish shift. After losing the 1.1400 Supply Zone, price formed a descending channel. A recent fake breakout above channel resistance failed, allowing sellers to regain control.
Currently, EURUSD is trading below the 1.1400 Supply Zone while respecting the descending channel. The latest rejection from resistance keeps bearish momentum intact.
As long as EURUSD remains below the 1.1400 Supply Zone and inside the descending channel, the bearish scenario remains valid. A continuation lower could push price toward the 1.1330 Demand Zone (TP1). Manage your risk!
Currently, EURUSD is trading below the 1.1400 Supply Zone while respecting the descending channel. The latest rejection from resistance keeps bearish momentum intact.
As long as EURUSD remains below the 1.1400 Supply Zone and inside the descending channel, the bearish scenario remains valid. A continuation lower could push price toward the 1.1330 Demand Zone (TP1). Manage your risk!
Zlecenie aktywne
As we can see, the price broke through our descending channel and tested the resistance zone. If it manages to consolidate above, our scenario is canceled!
🔶 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
Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.
🔶 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
Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.