EUR/USD trend is bearish for more read the caption...
Today's chart about EUR/USD analysis on a 4-hour timeframe, indicates a bearish trend with potential further downside movement:
1. Bearish Trend Channel:
The price is moving within a downward-sloping channel, highlighting consistent lower highs and lower lows.
2. Projected Price Movement:
A blue arrow suggests a continuation of the bearish trend toward the target area (highlighted in green) around 1.01000–1.02000.
3. Stop Loss (SL) Area:
A red box at 1.03270 marks the stop-loss zone, signaling where the trade would be exited if the price reverses upward unexpectedly.
4. Target Area:
The green zone below represents the anticipated target for the price drop, aligned with the overall trend.
The setup I have made shows a bearish sentiment, with traders likely aiming to capitalize on a continued price decline while managing risk using the stop-loss level.
Note: As always remember it is for educational purposes not a trading advice. Please follow, like and support us.
1. Bearish Trend Channel:
The price is moving within a downward-sloping channel, highlighting consistent lower highs and lower lows.
2. Projected Price Movement:
A blue arrow suggests a continuation of the bearish trend toward the target area (highlighted in green) around 1.01000–1.02000.
3. Stop Loss (SL) Area:
A red box at 1.03270 marks the stop-loss zone, signaling where the trade would be exited if the price reverses upward unexpectedly.
4. Target Area:
The green zone below represents the anticipated target for the price drop, aligned with the overall trend.
The setup I have made shows a bearish sentiment, with traders likely aiming to capitalize on a continued price decline while managing risk using the stop-loss level.
Note: As always remember it is for educational purposes not a trading advice. Please follow, like and support us.
Ordre annulé
Market Changed its direction close the trades..
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.