$EUR BEARISH MOVE AHEAD โ SHORT ENTRY SETUP
After a sharp rejection from the recent resistance zone, $EUR hows clear signs of weakening momentum. The pair has broken below its rising channel support, confirming bearish pressure. RSI is trending lower, and volume supports continued downside movement. A retest of the broken zone may offer an ideal short entry opportunity before further decline.
๐ Trade Setup:
Entry: Short below the retest confirmation zone
Targets (TP): 1.0780 / 1.0725 / 1.0670
Stop Loss (SL): Above 1.0865 resistance level
Risk Management:
Use 1โ2% of account equity per trade, keep R:R ratio minimum 1:2, and trail SL after each target hit to lock in profits.
#ForexAnalysis #EURUSD #TechnicalAnalysis #PriceAction #TradingSetup
$EUR
After a sharp rejection from the recent resistance zone, $EUR hows clear signs of weakening momentum. The pair has broken below its rising channel support, confirming bearish pressure. RSI is trending lower, and volume supports continued downside movement. A retest of the broken zone may offer an ideal short entry opportunity before further decline.
๐ Trade Setup:
Entry: Short below the retest confirmation zone
Targets (TP): 1.0780 / 1.0725 / 1.0670
Stop Loss (SL): Above 1.0865 resistance level
Risk Management:
Use 1โ2% of account equity per trade, keep R:R ratio minimum 1:2, and trail SL after each target hit to lock in profits.
#ForexAnalysis #EURUSD #TechnicalAnalysis #PriceAction #TradingSetup
$EUR