EURUSD - BULLISH MOVE "Demand Zone Reaction"
DXY IS BEARISH, as EUR is currently at a critical decision point—either confirming a bullish reversal from the demand zone or continuing the downtrend.
Entry: Looking for bullish confirmation within the Demand Zone (1.03602 region).
🔹 Stop Loss (SL): Below the Demand Zone at 1.02006.
🔹 Take Profit (TP):
TP1: FVG Midpoint (1.04500)
TP2: Daily Resistance Level (1.05000)
TP3: Full Liquidity Grab (1.06500+)
🔹 Risk-to-Reward (R:R) Ratio: 4R+ potential.
🔎 Trade Confirmation Criteria
✅ Bullish rejection wicks or engulfing candles in the demand zone.
✅ Liquidity sweep followed by a strong move up.
✅ Market structure shift to bullish on lower timeframes.
❌ Invalidation
If price fails to hold the demand zone and breaks below 1.02006, it signals further downside, invalidating the trade idea.
🚨 Disclaimer: This is not financial advice. Always conduct your own research and risk management before entering trades.
🔔 What’s your bias? Are you looking to enter long or waiting for further confirmations? Drop your thoughts below! 🚀
Entry: Looking for bullish confirmation within the Demand Zone (1.03602 region).
🔹 Stop Loss (SL): Below the Demand Zone at 1.02006.
🔹 Take Profit (TP):
TP1: FVG Midpoint (1.04500)
TP2: Daily Resistance Level (1.05000)
TP3: Full Liquidity Grab (1.06500+)
🔹 Risk-to-Reward (R:R) Ratio: 4R+ potential.
🔎 Trade Confirmation Criteria
✅ Bullish rejection wicks or engulfing candles in the demand zone.
✅ Liquidity sweep followed by a strong move up.
✅ Market structure shift to bullish on lower timeframes.
❌ Invalidation
If price fails to hold the demand zone and breaks below 1.02006, it signals further downside, invalidating the trade idea.
🚨 Disclaimer: This is not financial advice. Always conduct your own research and risk management before entering trades.
🔔 What’s your bias? Are you looking to enter long or waiting for further confirmations? Drop your thoughts below! 🚀
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.