EURUSD outlook

Following the rule of SMC, we must trade with our recent structure. And a recent structure is made up of a sweep, break of structure(BOS), and internal range liquidity. the marked area is our recent structure and it's bearish. And that's exactly what EURUSD is doing, so if price sells further down below that low marked red, EURUSD sells will continue to external lows

EU reaction didn't really go well so I am not taking it, I am in BTC now

Your strategy is also aligning

My confirming is that price is already protecting the highs

EURUSD has already swept the internal range liquidity.

After that liquidity grab, price has started retracing lower.

Now I'm watching one key level:

1.14306

A close below this level would provide stronger confirmation for the sell-side narrative.

I trade only structure now

Market structure is king when it comes to technical analysis

EURUSD continues to trade with a bearish narrative after the recent liquidity sweep and break of structure.

The question now is simple: can price continue lower toward external liquidity?

The recent sweep took liquidity before price broke structure to the downside.

That is the kind of sequence I want to see before looking for continuation sells.

EURUSD has a protected high above price.

As long as that high remains protected, the bearish order flow remains valid.

Alright. We'll see how next week goes. I'll be expecting sells continuations.

Alright. We'll see how next week goes. I'll be expecting sells continuations.

Yeah. that's cool, seeing the same thing with a different approach. That's the beauty of trading.

The protected lower highs series connects the bearish trendline as well forming the channel.

Market structure is king when it comes to technical analysis

EURUSD continues to trade with a bearish narrative after the recent liquidity sweep and break of structure.

The question now is simple: can price continue lower toward external liquidity?

Price is still struggling around the reaction level I marked since last week, a break below the level gives me bearish bias that is below 1.14114

Dollar is week for now