EURUSD Descending Channel Exhaustion Bullish Reversal on the Horizon
EURUSD continues to trade inside a clear descending channel, but price action is showing signs of exhaustion as it approaches a key liquidity zone. The structure suggests that buyers may soon take control, pushing price toward higher targets.
📊 MMFLOW Technical Outlook
Liquidity sweep near 1.16126 BUY ZONE signals strong potential for accumulation.
A breakout above the channel trendline will be the trigger for the bullish leg.
Key levels to the upside: 1.16694 – 1.16835 – 1.17064 – 1.17192.
💡 MMFLOW Trading Plan
Primary bias: Bullish – Buy dips near liquidity zones.
Entry ideas: Wait for confirmation at 1.16126 or a clean breakout + retest of 1.16694.
Short-term pullbacks can be scalped, but the main strategy favors swing longs.
📌 Key Levels to Watch:
Supports: 1.16126 – 1.1638
Resistances: 1.16694 – 1.16835 – 1.17064 – 1.17192
🚨 Risk Note:
Failure to hold above 1.16126 could extend the bearish channel lower. Always stick to TP/SL discipline.
✨ MMFLOW Reminder:
👉 Patience at KeyLevels = Profits
👉 Trade with the trend, not against it.
EURUSD continues to trade inside a clear descending channel, but price action is showing signs of exhaustion as it approaches a key liquidity zone. The structure suggests that buyers may soon take control, pushing price toward higher targets.
📊 MMFLOW Technical Outlook
Liquidity sweep near 1.16126 BUY ZONE signals strong potential for accumulation.
A breakout above the channel trendline will be the trigger for the bullish leg.
Key levels to the upside: 1.16694 – 1.16835 – 1.17064 – 1.17192.
💡 MMFLOW Trading Plan
Primary bias: Bullish – Buy dips near liquidity zones.
Entry ideas: Wait for confirmation at 1.16126 or a clean breakout + retest of 1.16694.
Short-term pullbacks can be scalped, but the main strategy favors swing longs.
📌 Key Levels to Watch:
Supports: 1.16126 – 1.1638
Resistances: 1.16694 – 1.16835 – 1.17064 – 1.17192
🚨 Risk Note:
Failure to hold above 1.16126 could extend the bearish channel lower. Always stick to TP/SL discipline.
✨ MMFLOW Reminder:
👉 Patience at KeyLevels = Profits
👉 Trade with the trend, not against it.
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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.
⚜️ Trade with Money Market Flow, logic, Price action 📉📈
⚜️Risk Reward 1.3 to 2.5...
⚜️Daily 8 to 15 Signals VIP
Get quality daily trading signals and plans here
JOIN NOW
t.me/+iimmVCgUnK5mZTRl
⚜️Risk Reward 1.3 to 2.5...
⚜️Daily 8 to 15 Signals VIP
Get quality daily trading signals and plans here
JOIN NOW
t.me/+iimmVCgUnK5mZTRl
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.