Price has already expanded significantly lower. The better scenario for me is a retracement into the 4H key level + 1H order block before another bearish expansion.
EURUSD is bearish, but entry matters. I don't want to enter after the displacement has already happened.
Let price come back into 1.13840, give me the bearish reaction I'm looking for, and then I'll be interested in continuation toward 1.13538 and potentially 1.13245.
Price has been aggressively bearish, and I'm expecting another leg lower—but preferably only after a correction.
The 4H key level aligns with a 1H supply/order block, giving me the POI for the potential reversal.
Sell Entry: 1.13840
SL: 1.14010
TP1: 1.13538
TP2: 1.13245
If price retraces into the POI and gives confirmation, I'll look for sellers to take control again. No confirmation means no reason to force the trade.
Letting price retrace into the 4H supply before committing keeps the risk defined instead of selling into exhaustion. If that zone produces bearish displacement and fails to reclaim 1.14010, it strengthens the case for continuation toward 1.13538 first, with 1.13245 becoming the next objective if momentum expands.
Reacted from a daily key level last week, and on the lower timeframe price is still protecting the highs while printing a clearly bearish narrative. Selling from this level.
1️⃣ Daily key level rejected price last week — the higher timeframe reaction 2️⃣ On the 15m, price is protecting the highs (weak high), refusing to break it 3️⃣ CHOCH and internal BOS confirming bearish intent on the lower timeframe 4️⃣ Entry from the retest, SL above the weak high, TP at the strong low
Context: Reacted from a daily key level last week; on the 15m, price is still protecting the highs (weak high) and printing a bearish narrative — joining the sells from this level
What makes this EURUSD sell worth taking: the daily already gave a reaction from a key level, and now the 15m is confirming with its own bearish structure. Top-down alignment like this is stronger than any single timeframe on its own.
Not selling just because the daily reacted once — I waited for the lower timeframe to actually confirm the same story before committing. Top-down confirmation over single-timeframe conviction.
Another multi-timeframe read this week — same principle as US30 and USDCAD, letting the higher timeframe set the bias and the lower timeframe confirm the entry.
