[4:35 PM, 5/12/2025] 💹: > The EUR/USD pair had been trading in a clear consolidation range between 1.1350 and 1.1460, forming a rectangular zone of indecision. We saw a fake bullish breakout on April 22nd followed by strong rejection, which led to a confirmed bearish breakout below 1.1350.
The breakout has been supported by strong bearish candles and volume, indicating momentum. We now look for the pair to retest the previous range low before continuing lower.
Bearish Target: 1.0970
Bullish Invalidity Level: Above 1.1460
This setup follows the classic range breakout pattern. Be patient and wait for a pullback/retest confirmation before entering. Use proper risk management.
The U.S. dollar has weakened against major currencies, including the euro, due to growing uncertainty over President Trump's tariff policies. Specifically, speculation about potential new U.S. tariffs on semiconductors and other goods has led to investor concerns, causing the dollar to slide to a three-year low against the Taiwan dollar. This environment has contributed to the euro's relative strength against the dollar.
The breakout has been supported by strong bearish candles and volume, indicating momentum. We now look for the pair to retest the previous range low before continuing lower.
Bearish Target: 1.0970
Bullish Invalidity Level: Above 1.1460
This setup follows the classic range breakout pattern. Be patient and wait for a pullback/retest confirmation before entering. Use proper risk management.
The U.S. dollar has weakened against major currencies, including the euro, due to growing uncertainty over President Trump's tariff policies. Specifically, speculation about potential new U.S. tariffs on semiconductors and other goods has led to investor concerns, causing the dollar to slide to a three-year low against the Taiwan dollar. This environment has contributed to the euro's relative strength against the dollar.
Trade active
Market Structure:Price broke bearishly out of a multi-week consolidation (1.1350–1.1460 range).
A retest of the broken support is likely before continuation.
Bearish Scenario (Primary Bias)
Entry: 1.1300–1.1330 (on retest of broken support zone)
Target 1: 1.1150 (first minor support)
Target 2: 1.0970 (major demand zone)
Stop-loss: 1.1380 (back inside range)
Rationale:
Bearish momentum confirmed; range broken with volume. Structure favors continuation.
Bullish Reversal Scenario (Secondary Bias)
Entry: Above 1.1460 (range high breakout confirmation)
Target 1: 1.1580
Stop-loss: 1.1370
Rationale:
If price invalidates bearish setup by reclaiming range high, reversal structure may form.
Trade Type: Swing (1–3 days)
Risk Management: Use 1–2% risk per trade. Wait for clean confirmations.
Note
HITTED SIGNALS UPDATE!!!📉 EUR/USD Market Update – May 13, 2025
🔍 Market Structure:
The EUR/USD pair previously consolidated between 1.1350 and 1.1460, forming a rectangular zone of indecision.
A fake bullish breakout occurred on April 22nd, followed by a strong rejection, leading to a confirmed bearish breakout below 1.1350.
The breakout was supported by strong bearish candles and volume, indicating momentum.
✅ Hit Signals:
Bearish Target 1: 1.1150 – ✅ Hit
Bearish Target 2: 1.0970 – ✅ Hit
The pair reached a low near 1.0970 before rebounding.
📊 Current Price Action:
As of now, EUR/USD is trading around 1.1116, indicating a potential retest of the previous support zone.
📈 Bearish Scenario (Primary Bias):
Entry Zone: Between 1.1100 and 1.1130, if the price shows signs of rejection.
Next Bearish Target: 1.0850 – deeper support level.
Stop-Loss: Above 1.1200, to account for potential false breakouts.
📉 Bullish Reversal Scenario (Secondary Bias):
Entry: Upon a confirmed breakout above 1.1200, with strong bullish candles.
Target: 1.1350 – previous consolidation range support turned resistance.
Stop-Loss: Below 1.1100, to minimize risk.
⚠️ Risk Management:
Always use proper risk management strategies.
Consider risking only 1–2% of your trading capital per trade.
Wait for clear confirmation signals before entering a trade.
Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always conduct your own research before making trading decisions.
Trade closed: target reached
The EUR/USD pair has reached the bearish target of 1.0970, validating the range breakout strategy. Traders should now await a potential pullback or retest of the breakout level before considering new entries. Ensure adherence to proper risk management protocols.This analysis is based on recent market movements and aligns with standard trading strategies. Always consult multiple sources and conduct thorough research before making trading decisions.
Note
If you're finding this analysis helpful, don’t forget to follow and join me for high-probability setups and premium signal alerts! Let’s grow together – consistency is key in trading.The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.