Euro / U.S. DollarShort
EUR/USD Trade Idea: Potential Short Setup
📊 Pair: EUR/USD
💡 Trade Bias: Bearish
• Sell Entry: Around 1.04611
• Take Profit (TP): 1.02118
• Key Level (IDM): 1.04344
🎯 Plan:
Currently, the 30M CHoCH has confirmed bearish intent. Waiting for price to mitigate the 30M order block, then dropping to the 5M timeframe for a CHoCH flip and refined entry.
• Confirmation: Liquidity sweep and strong bearish momentum on the 5M after mitigation.
🚨 Note: Patience is key. Entries are approximate and depend on mitigation and structure flip.
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.