1️⃣ EUR/USD 🇪🇺/🇺🇸
Price: 1.1303
Yahoo Finance
HTF Trend: Bearish (Weekly↓, Daily↓) ✅ Trend‑Aligned
Fundamental Context: ECB Governing Council informal retreat in Porto on May 6–7 could spark volatility if hawkish tweaks are signaled
Reuters
. US NFP printed 177K on May 2, beating forecasts and bolstering USD into the weekend
Investing.com
.
Key Zones (H4):
Supply/Resistance: 1.1340 (weekly supply + order block)
Demand/Support: 1.1260 (daily demand zone)
Entry Trigger:
Break & retest of 1.1340 on H4
Confirmation: M15 bearish engulfing + volume ↑ ≥ 25%
FXStreet
Stop Loss: 1.1360 (≈ 1.3×ATR 20 pips)
Take Profits:
TP1: 1.1260 (2 R ≈ 40 pips)
TP2: 1.1220 (3 R ≈ 60 pips)
Timing & News Filter:
Avoid new entries around ECB retreat sessions May 6 08:00–18:00 UTC
Reuters
Ideal entry: London Open 3:00–7:00 EST
Confluence Score: 5/5 → Confidence: 9/10
Price: 1.1303
Yahoo Finance
HTF Trend: Bearish (Weekly↓, Daily↓) ✅ Trend‑Aligned
Fundamental Context: ECB Governing Council informal retreat in Porto on May 6–7 could spark volatility if hawkish tweaks are signaled
Reuters
. US NFP printed 177K on May 2, beating forecasts and bolstering USD into the weekend
Investing.com
.
Key Zones (H4):
Supply/Resistance: 1.1340 (weekly supply + order block)
Demand/Support: 1.1260 (daily demand zone)
Entry Trigger:
Break & retest of 1.1340 on H4
Confirmation: M15 bearish engulfing + volume ↑ ≥ 25%
FXStreet
Stop Loss: 1.1360 (≈ 1.3×ATR 20 pips)
Take Profits:
TP1: 1.1260 (2 R ≈ 40 pips)
TP2: 1.1220 (3 R ≈ 60 pips)
Timing & News Filter:
Avoid new entries around ECB retreat sessions May 6 08:00–18:00 UTC
Reuters
Ideal entry: London Open 3:00–7:00 EST
Confluence Score: 5/5 → Confidence: 9/10
Trade active
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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.