EUR/USD - Bearish Bias
🔹 4H Timeframe:
• Still in a bearish structure → Major sell confirmations.
• Took out buy-side liquidity (BSL) and inducement (IDM) before mitigating a supply zone → Bearish intent remains.
🔹 30M Timeframe:
• Bearish structure confirmed, but price is forming a range inside the bearish structure.
• This range has built a bullish structure, likely a manipulation move to strike supply before continuing down.
• Took out SSL & IDM within the bullish structure → Tapped a bullish order block inside the range.
🔹 5M Timeframe:
• Waiting for a flip entry → CHoCH break of major LH + liquidity sweep before entry.
• Plan: If 5M confirms CHoCH + sweep + order block retest, I’ll enter for a continuation downward.
🎯 Target: Next major low inside the 4H bearish structure.
🛑 Invalidation: If price flips structure fully bullish and holds above supply zones.
Bless Trading!
• Still in a bearish structure → Major sell confirmations.
• Took out buy-side liquidity (BSL) and inducement (IDM) before mitigating a supply zone → Bearish intent remains.
🔹 30M Timeframe:
• Bearish structure confirmed, but price is forming a range inside the bearish structure.
• This range has built a bullish structure, likely a manipulation move to strike supply before continuing down.
• Took out SSL & IDM within the bullish structure → Tapped a bullish order block inside the range.
🔹 5M Timeframe:
• Waiting for a flip entry → CHoCH break of major LH + liquidity sweep before entry.
• Plan: If 5M confirms CHoCH + sweep + order block retest, I’ll enter for a continuation downward.
🎯 Target: Next major low inside the 4H bearish structure.
🛑 Invalidation: If price flips structure fully bullish and holds above supply zones.
Bless Trading!
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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.
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.