By analyzing the EURUSD chart on the 4-hour timeframe, we can see that after the last analysis, the price started a correction and is currently trading around 1.17150. I expect that once it enters the 1.16780–1.17100 zone, we could see a rebound from this key demand area. If the price holds above this zone, the next bullish targets will be 1.17370 as the first target and 1.17730 as the second.
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
Trade closed: target reached
By analyzing the EURUSD chart on the 4-hour timeframe, we can see that, just as expected, once the price entered the key demand zone (1.16780–1.17100), it gained bullish momentum and successfully hit the first target at 1.17370, even coming within 3 pips of the second target. Eventually, as price reached the 1.17700 area, it encountered strong selling pressure, leading to a clear shift in market structure. This recent drop has now created a large Fair Value Gap (FVG) and Liquidity Void (LV) — and after the price stabilizes and the bearish pressure eases, I expect a potential bullish recovery in the coming week or two. Hope you made the most out of this move — the total return from this analysis was 67 pips!⚜️ Free Telegram Channel : t.me/PriceAction_ICT
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⚜️ Free Telegram Channel : t.me/PriceAction_ICT
⚜️ JOIN THE VIP : t.me/PriceAction_ICT/5946
⚜️ Contact Me : t.me/ArmanShabanTrading
💥Join BitMart Exchange – Ultra Low Fees : bitmart.com/invite/c5JVJK/en-US
⚜️ JOIN THE VIP : t.me/PriceAction_ICT/5946
⚜️ Contact Me : t.me/ArmanShabanTrading
💥Join BitMart Exchange – Ultra Low Fees : bitmart.com/invite/c5JVJK/en-US
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.