EURUSD Price has penetrated past PDH and slowing down at the 4h supply OB at the moment. If price closes structure to the downside past the 5m protected low, we may be in for a corrective phase.
Do monitor price closely.
My next update will be pre NY open. Focusing on EJ now.
EURUSD 🏴☠️ PIRATE TRADE SIGNAL — EUR/USD LONG PLAY
🗓 Date: 8th August 2025 🕰 Timing: Valid into London and New York session 🎯 Bias: BULLISH BREAKOUT
Order Type Level 💰 Long Entry 1.1676 (Breakout point above old resistance) 🛡 Stop Loss (SL) 1.1655 (Guard yer ship just below the support deck) 💎 Take Profit 1 (TP1) 1.1700 (Quick plunder from the first island ahead) 🏝 Take Profit 2 (TP2) 1.1725 – 1.1730 (Full treasure chest – next resistance stronghold)
🧭 Rationale from the Crow’s Nest •🏰 1.1670 resistance be breached — she’s no longer holdin’! •🌊 Momentum swells with bullish tide on hourly and 4H charts. •🦜 RSI flies high but not overboard, still room for wind in the sails. •📜 No major economic cannonballs until late US session, smooth seas for now.
Speak My Mind: EU – Clean Bullish Intent, Setup Pending
EU is currently presenting clear bullish intent across the board. Momentum is aligned, structure is holding, and the market is respecting previous points of interest.
At the moment, I’m focused on the 30-minute timeframe, watching for a precise liquidity sweep into a well-defined order block. No entry until price delivers the reaction I’m looking for — discipline over impulse, always.
The bias remains bullish. Just allowing the market to deliver the setup, not chase it. Everything else is noise.