Analysis:
EURUSD is currently trading around 1.16000, and based on my technical outlook, I see potential for a bearish move. Price is approaching a key resistance area, and I am looking to short between 1.16200 – 1.16500 with a tight stop loss at 1.17000.
If this setup plays out, I expect EURUSD to decline toward the support zone at 1.14500, offering a good risk-to-reward opportunity.
Trading Plan:
📍 Entry Zone: 1.16200 – 1.16500
🛡️ Stop Loss: 1.17000
🎯 Target: 1.14500
Notes:
✅ Favorable R/R with tight stop loss
✅ Bearish momentum aligning with resistance rejection
✅ Watch price action for confirmation before entering
📢 If you find this analysis useful, support by liking, commenting, and sharing – it helps me keep bringing more trade setups to the community.
Regards: Forex Insights Pro.
EURUSD is currently trading around 1.16000, and based on my technical outlook, I see potential for a bearish move. Price is approaching a key resistance area, and I am looking to short between 1.16200 – 1.16500 with a tight stop loss at 1.17000.
If this setup plays out, I expect EURUSD to decline toward the support zone at 1.14500, offering a good risk-to-reward opportunity.
Trading Plan:
📍 Entry Zone: 1.16200 – 1.16500
🛡️ Stop Loss: 1.17000
🎯 Target: 1.14500
Notes:
✅ Favorable R/R with tight stop loss
✅ Bearish momentum aligning with resistance rejection
✅ Watch price action for confirmation before entering
📢 If you find this analysis useful, support by liking, commenting, and sharing – it helps me keep bringing more trade setups to the community.
Regards: Forex Insights Pro.
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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.
join our free signal channel t.me/ForexGoldpips81
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.