EURUSD Pair May Come Down from the Bearish Order Block
Bearish Order Block: 1.08376 and 1.08210
EURUSD is currently within the bearish order block zone, and based on the trend in the 1-hour time frame, there’s a high chance of a downward move. I have utilized Smart Money Concepts (SMC) to analyze the charts and also examined lower time frames for added accuracy. The SMC indicators are confirming this potential move, and there’s a high probability that this trade may end in profits. Let's see how the price reacts.
Entry Price :-1.08271
Take Profit :-1.08707
Stop Loss :- 1.08735
Bearish Order Block: 1.08376 and 1.08210
EURUSD is currently within the bearish order block zone, and based on the trend in the 1-hour time frame, there’s a high chance of a downward move. I have utilized Smart Money Concepts (SMC) to analyze the charts and also examined lower time frames for added accuracy. The SMC indicators are confirming this potential move, and there’s a high probability that this trade may end in profits. Let's see how the price reacts.
Entry Price :-1.08271
Take Profit :-1.08707
Stop Loss :- 1.08735
Trade active
Trade active. lets see how price reactsDisclaimer
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.