EURUSD - Start of a HUGE Downtrend ??

5 déc. 2023

EURUSD ORDERFLOW :

Monthly--- Bearish
Weekly--- Bearish
4H---Bearish
15m---Bearish

Overall---Bearish

Weekly Chart Analysis:

1. Price reacted from a Monthly Supply Zone forming a Change of Structure on Weekly
2. Price had a retracement and is now in a Supply Zone on Weekly
3. From here we can have the continuation of the bearish trend on both Weekly and Monthly

4h Chart Analysis:

1. Inside the Weekly Zone, the market had a Change of Structure which indicates that is more probable to continue the weekly trend
2. Targeting Imbalance and liquidity left below
   

15m Chart Analysis:

1. Price formed perfectly equal lows which acts as liquidity and can be taken out soon
2. I am expecting bearish movement from Supply Zones

*A Big Bearish Movement Can Happen During The News*

5 déc. 2023

Note

Equal Lows got liquidated but I still expect a bigger move in like 10 mins

5 déc. 2023

Note

Cool, now expecting the price to continue bearish from either of these 2 Supply Zones
Keep in mind that usually there is liquidity above/below a news high.