EURUSD outlook

I am not interested in chasing EURUSD after its bearish move. I want price to retrace into the 1H supply zone, where I can assess the opportunity to join the sells.

The higher timeframe supply reaction and the break of the last bullish range are the key reasons behind my bearish bias.

Entry: 1.1224 – 1.1242

Stop Loss: 1.1263

Take Profit: 1.1113

I will wait for confirmation and respect my invalidation level.

EURUSD is setting up for another sell opportunity. Price reacted from a higher timeframe supply zone, and the recent retracement has taken out the last bullish range. This signals a potential shift back toward bearish order flow.

I will be looking to join the sells from the 1H supply zone, targeting the lows below.

Entry: 1.1224 – 1.1242

Stop Loss: 1.1263

Take Profit: 1.1113

My focus is on following the structure and letting price come to my point of interest.

Eurusd is selling but that sells may not really last

I have placed a sell stop below that consolidation so if price decides to break below that range I won't miss out on the sells

I have placed a sell stop below that consolidation so if price decides to break below that range I won't miss out on the sells

I have placed a sell stop below that consolidation so if price decides to break below that range I won't miss out on the sells

Your idea is quite good, but that consolidation is a trap, sells stop trigger, sells limit hit all SL blown , that is the manipulation, just stating it , just manage your risk

Manage your risk well, I am looking at EU buys but want it to sell downwards first

Good Approach.
I'm waiting to go long on EURUSD
Once there's a break above 1.1261 internal resistance level, I'll set a buy limit for the retest and continuation of the bullish rally from the zone.
Entry: 1.1271
SL: 1.1200

i am not convinced about the long position on EURUSD yet

Once the sell stop order is triggered, I will delete the sell limit order.

I have placed a sell stop below that consolidation so if price decides to break below that range I won't miss out on the sells

Price triggered and sold off with great selling pressure, so I trailed my Sl. Price retrace sharply again with same momentum and took me out on partials

Before I start looking for sells I will have to wait for a break below the lows I just marked

Okay. That will confirm the sells too

Because above that low I marked is a bullish order block

Yeah that's true

So my reasons for waiting is well established

Price just manipulated that whole range and it is now reacting from a supply zone. I will look for more selling opportunities tomorrow. Price also did this same thing on Gold

Alright.
Despite the bullish impulse move today, price has not broken above or traded above the internal resistance level at 1.1261.
This shows price is still trading within its current range and I'll continue waiting until it breaks out.