EURUSD outlook

Please mark out the poi on the chart image

Woke up to see price retracing higher, but for now, this is still just a pullback within the larger bearish narrative.

Price has moved higher from the 1.13718 key level, which explains the current buying pressure. But a reaction from a level does not automatically mean the entire bearish structure has changed.

The main question remains: Has price broken above any protected high? For now, the bearish narrative remains valid as long as those protected highs remain intact.

The main question remains: Has price broken above any protected high? For now, the bearish narrative remains valid as long as those protected highs remain intact.

Price is currently moving back into the area where we can begin watching for signs of seller re-entry. The next reaction will be important.

Where would that area be...

Price has tapped into a 4h orderblock and i will wait for confirmations on the 15 mins to enter another sells

Those are just minor pull backs caused by old demand zones

Price has moved higher from the 1.13718 key level, which explains the current buying pressure. But a reaction from a level does not automatically mean the entire bearish structure has changed.

Price is already inside my box I marked it since last week, I use so many confluence combined together to pick my poi

That's why i simply stick to technicals because it gives me clarity on market direction

So what is your idea

Still holding

The present market direction is clear and price is respecting levels now

I want to see Price break that low marked out and trade a bit lower so i can lookout for sells

Price has taken that low out, i'll want price to trade a bit lower so i know the selling momentum is confirmed

I have the confirmation i want. I'm selling from that key level there

Yes i am still holding

Price may not get back there anytime soon because that price had reacted from a fair value gap on the 1h timeframe

Woke up to see price retracing higher, but for now, this is still just a pullback within the larger bearish narrative.