Market Structure Analysis
EURUSD is currently showing bearish price action on the Daily timeframe. After failing to sustain above the recent swing high, price has formed a lower high and is now moving downward, indicating ongoing selling pressure. Momentum remains weak, and buyers are struggling to regain control.
Key Resistance Zone
Resistance: 1.1700 – 1.1750
This zone previously acted as a strong rejection area. Price was rejected from this level and resumed bearish movement, confirming it as a valid resistance.
Key Support Zones
Support 1: 1.1600 – 1.1580
Support 2: 1.1500 – 1.1480
These levels are important demand zones where partial profit booking is expected.
Trade Plan (SELL Setup)
Entry (SELL): Around 1.1650 – 1.1670 (pullback preferred)
Stop Loss (SL): 1.1760
(Above the resistance and recent swing high for safety)
Take Profit 1 (TP1): 1.1580
Take Profit 2 (TP2): 1.1480
Confirmation Notes
Daily candle structure favors sellers
RSI is below strong bullish territory, indicating weak buying momentum
Trend bias remains bearish below 1.1700
Bias: Bearish
Risk Management: Use proper lot size and manage risk accordingly
This setup is suitable for swing traders and aligns well with disciplined, professional trading strategies.
EURUSD is currently showing bearish price action on the Daily timeframe. After failing to sustain above the recent swing high, price has formed a lower high and is now moving downward, indicating ongoing selling pressure. Momentum remains weak, and buyers are struggling to regain control.
Key Resistance Zone
Resistance: 1.1700 – 1.1750
This zone previously acted as a strong rejection area. Price was rejected from this level and resumed bearish movement, confirming it as a valid resistance.
Key Support Zones
Support 1: 1.1600 – 1.1580
Support 2: 1.1500 – 1.1480
These levels are important demand zones where partial profit booking is expected.
Trade Plan (SELL Setup)
Entry (SELL): Around 1.1650 – 1.1670 (pullback preferred)
Stop Loss (SL): 1.1760
(Above the resistance and recent swing high for safety)
Take Profit 1 (TP1): 1.1580
Take Profit 2 (TP2): 1.1480
Confirmation Notes
Daily candle structure favors sellers
RSI is below strong bullish territory, indicating weak buying momentum
Trend bias remains bearish below 1.1700
Bias: Bearish
Risk Management: Use proper lot size and manage risk accordingly
This setup is suitable for swing traders and aligns well with disciplined, professional trading strategies.
บันทึก
Trade activated from 1.1655การซื้อขายยังคงดำเนินอยู่
Trade activated from 1.1655บันทึก
First target closed at 1.1600. Now waiting for a market bounce and retracement to reach TP2.ปิดการเทรด: ถึงเป้าหมายการทำกำไร
First Target Done
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมใน ข้อกำหนดการใช้งาน
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมใน ข้อกำหนดการใช้งาน