[Vienmelodic] EURUSD - 2 Jan 2025 Setup

Updated
EURUSD Market structure are still now in a bearish mode. Spotted nearest supply area (Red Rectangle). This is the first supply area that breaking the market structure, it's ussually very good area to entry.

Entry Position : Short
Profit Target : 1:3 Shown on the chart image (Green Line)
Stop Loss : Slightly above supply area (Red Line)

Follow me if u guys making any gains from this idea.

Thanks
Vienmelodic
Trade closed: target reached
TP 3 Reached
breakoutstructureEURUSDMultiple Time Frame AnalysisPivot Pointsshortsetupsupply_and_demandSupply and DemandSupply ZoneswingtradingTechnical Analysistrendtrader

Disclaimer