H4 TF Price Structure Shows Bearish Momentum
The EUR/USD pair presents a potential short opportunity following a clean break below the 50 & 200 EMAs. Price to retest previous support around the 1.15750 – 1.16016 zone, which acts as new resistance.
Trade Parameters
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Entry Zone: 1.15750 – 1.16016
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Stop Loss: 1.16250
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Take Profit: 1.14820
Outlook
This setup anticipates a pullback followed by continued bearish pressure, aiming for the demand zone around 1.14820. Be patient and wait for bearish confirmation before entry.
