🔥EUR/USD TRADE PLAN🔥
✅ Market Bias: Bearish 📉 (Downtrend) ✅ Trade Type: Trend Continuation
📌 ENTRY TYPE: Sell Trade – Pullback Entry ⭐ Confidence Level: 🔵⭐⭐⭐⭐⭐ (High)
📌 STATUS: Waiting for price to tap the entry zone
📍 ENTRY ZONE (SELL):
Primary Entry Zone: 1.0840 - 1.0860
Secondary Entry Zone (if deeper pullback occurs): 1.0890 - 1.0910
📌 STOP LOSS & TAKE PROFIT TARGETS:
🚨 Stop Loss: Above 1.0925 (Invalidation level)
🎯 Take Profit Targets:
🥉 TP1: 1.0765 (Partial profits & SL to breakeven)
🥈 TP2: 1.0700
🥇 TP3: 1.0650 (Final target)
📌 Risk-Reward Ratio:
Primary Entry Zone: Approximately 1:3
Secondary Entry Zone: Approximately 1:4
📌 Reason for Entry:
Bearish Trend: EUR/USD has entered a corrective phase, trading below recent highs. The trend outlook remains bearish.
Double Top Formation: A double-top pattern has formed at 1.0950, indicating a potential drop to 1.0695.
Fibonacci Confluence: The 61.8% Fibonacci retracement level aligns with the entry zone, providing additional confluence.
📌 CONFIRMATION REQUIRED BEFORE SELLING:
H1 Bearish Candlestick Rejection: Look for a pin bar or engulfing pattern at the entry zone.
Volume Increase at Supply Zone: Indicates strong selling pressure.
Lower Timeframe Bearish Divergence: On M15/H1 charts for extra confluence.
❌ DO NOT take the trade if the price breaks above 1.0910 without a bearish reaction.
📌 RISK MANAGEMENT REMINDER:
💰 Risk 1-2% per trade. Move SL to breakeven after TP1 to secure profits.
📌 TRADE VALIDITY & INVALIDATION CONDITIONS:
✅ Trade Validity: Must tap entry within the next 24 hours.
❌ Invalid if:
Price misses the entry zone and moves straight to TP1/TP2.
Fundamental shift changes trade bias (e.g., major news event).
Price breaks above 1.0910 = Trade invalidated.
📌 FUNDAMENTAL CHECKS & SENTIMENT ANALYSIS:
EUR Weakness: Recent data shows a decline in Eurozone economic indicators.
USD Strength: Positive US economic data and safe-haven demand support the USD.
COT Report: Indicates institutions adding to USD long positions, reducing EUR longs.
🚀 FINAL TRADE PLAN SUMMARY:
SELL EUR/USD on a pullback into 1.0840 - 1.0860 (or 1.0890 - 1.0910 if a deeper correction occurs).
Targeting: 1.0765 → 1.0700 → 1.0650.
SL: Above 1.0925.
**Trade valid for the next 12-24 hours.
🚀 EXECUTE WITH INSTITUTIONAL PRECISION! 🔥
✅ Market Bias: Bearish 📉 (Downtrend) ✅ Trade Type: Trend Continuation
📌 ENTRY TYPE: Sell Trade – Pullback Entry ⭐ Confidence Level: 🔵⭐⭐⭐⭐⭐ (High)
📌 STATUS: Waiting for price to tap the entry zone
📍 ENTRY ZONE (SELL):
Primary Entry Zone: 1.0840 - 1.0860
Secondary Entry Zone (if deeper pullback occurs): 1.0890 - 1.0910
📌 STOP LOSS & TAKE PROFIT TARGETS:
🚨 Stop Loss: Above 1.0925 (Invalidation level)
🎯 Take Profit Targets:
🥉 TP1: 1.0765 (Partial profits & SL to breakeven)
🥈 TP2: 1.0700
🥇 TP3: 1.0650 (Final target)
📌 Risk-Reward Ratio:
Primary Entry Zone: Approximately 1:3
Secondary Entry Zone: Approximately 1:4
📌 Reason for Entry:
Bearish Trend: EUR/USD has entered a corrective phase, trading below recent highs. The trend outlook remains bearish.
Double Top Formation: A double-top pattern has formed at 1.0950, indicating a potential drop to 1.0695.
Fibonacci Confluence: The 61.8% Fibonacci retracement level aligns with the entry zone, providing additional confluence.
📌 CONFIRMATION REQUIRED BEFORE SELLING:
H1 Bearish Candlestick Rejection: Look for a pin bar or engulfing pattern at the entry zone.
Volume Increase at Supply Zone: Indicates strong selling pressure.
Lower Timeframe Bearish Divergence: On M15/H1 charts for extra confluence.
❌ DO NOT take the trade if the price breaks above 1.0910 without a bearish reaction.
📌 RISK MANAGEMENT REMINDER:
💰 Risk 1-2% per trade. Move SL to breakeven after TP1 to secure profits.
📌 TRADE VALIDITY & INVALIDATION CONDITIONS:
✅ Trade Validity: Must tap entry within the next 24 hours.
❌ Invalid if:
Price misses the entry zone and moves straight to TP1/TP2.
Fundamental shift changes trade bias (e.g., major news event).
Price breaks above 1.0910 = Trade invalidated.
📌 FUNDAMENTAL CHECKS & SENTIMENT ANALYSIS:
EUR Weakness: Recent data shows a decline in Eurozone economic indicators.
USD Strength: Positive US economic data and safe-haven demand support the USD.
COT Report: Indicates institutions adding to USD long positions, reducing EUR longs.
🚀 FINAL TRADE PLAN SUMMARY:
SELL EUR/USD on a pullback into 1.0840 - 1.0860 (or 1.0890 - 1.0910 if a deeper correction occurs).
Targeting: 1.0765 → 1.0700 → 1.0650.
SL: Above 1.0925.
**Trade valid for the next 12-24 hours.
🚀 EXECUTE WITH INSTITUTIONAL PRECISION! 🔥
Trade active
TP1 HIT!MOVE SL TO BE AND TAKE PARTIAL PROFITS (OPTIONAL)
REST POSITION AIM FOR TP2 OR TP3
Trade closed manually
rest of the position hit breakeven!
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.