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Euro / U.S. Dollar
Short

EURUSD - Start of a HUGE Downtrend ??

By raresmihalcea2020
Updated
EURUSD ORDERFLOW :

Monthly--- Bearish
Weekly--- Bearish
4H---Bearish
15m---Bearish

Overall---Bearish

Weekly Chart Analysis:
snapshot
  1. Price reacted from a Monthly Supply Zone forming a Change of Structure on Weekly
  2. Price had a retracement and is now in a Supply Zone on Weekly
  3. From here we can have the continuation of the bearish trend on both Weekly and Monthly


4h Chart Analysis:
snapshot
  1. Inside the Weekly Zone, the market had a Change of Structure which indicates that is more probable to continue the weekly trend
  2. Targeting Imbalance and liquidity left below


15m Chart Analysis:
  1. Price formed perfectly equal lows which acts as liquidity and can be taken out soon
  2. I am expecting bearish movement from Supply Zones


*A Big Bearish Movement Can Happen During The News*

Note
Equal Lows got liquidated but I still expect a bigger move in like 10 mins
snapshot
Note
Cool, now expecting the price to continue bearish from either of these 2 Supply Zones
Keep in mind that usually there is liquidity above/below a news high.
snapshot
FractalMultiple Time Frame AnalysisSupply and Demand
raresmihalcea2020

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