Euro / U.S. Dollar
Updated

EURUSD – MY TECHNICAL ANALYSIS (4H / 1H)

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📊 EURUSD – MY TECHNICAL ANALYSIS (4H / 1H)

Pair: EURUSD
Timeframe: 4H / 1H
Date: May 4, 2026

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📍 MARKET STRUCTURE
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🔹 4H TIMEFRAME:
Price is moving inside a RANGE.

🔹 1H TIMEFRAME:
A BULLISH CHANNEL has formed.
Price needs to grab liquidity in FVG + DEMAND zone before moving to channel top.

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📌 KEY LEVELS (MANUAL)
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🔴 RESISTANCE 1: 1.17850
🔴 RESISTANCE 2: 1.18485

🟢 SUPPORT / DEMAND: 1.17202
🟢 SUPPORT 2: 1.16553

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🟢 BULLISH SCENARIO (BUY SETUP)
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📌 CONDITIONS:
1️⃣ Price grabs liquidity in FVG + DEMAND zone
2️⃣ Price stabilizes ABOVE 1.17200
3️⃣ CHOC (Change of Character) confirmed on 1H

✅ BUY SETUP (after retest to DEMAND / FVG):

Entry: On pullback to DEMAND zone or FVG
Stop Loss: 1.16900
Take Profit 1: 1.17850 (Resistance 1)
Take Profit 2: 1.18485 (Resistance 2)

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🔻 BEARISH SCENARIO (SELL SETUP)
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📌 CONDITIONS:
1️⃣ Price CANNOT stabilize above 1.17200 support
2️⃣ Price closes BELOW 1.17200
3️⃣ BOS (Break of Structure) confirmed

✅ SELL SETUP (after retest to SUPPLY):

Entry: On pullback to SUPPLY zone
Stop Loss: 1.17350
Take Profit 1: 1.16553 (Support)

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📌 SUMMARY OF MY SETUP
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🟢 BUY:
Condition: Above 1.17200 + CHOC + retest to DEMAND/FVG
Entry: Pullback to DEMAND zone
SL: 1.16900
TP: 1.17850 → 1.18485

🔻 SELL:
Condition: Below 1.17200 + BOS + retest to SUPPLY
Entry: Pullback to SUPPLY zone
SL: 1.17350
TP: 1.16553

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🧠 MY BIAS
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I wait for:
- Liquidity grab in FVG + DEMAND zone
- CHOC or BOS confirmation
- Retest before entry

I DO NOT chase price. I wait for confirmation.

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🏷️ TAGS
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#EURUSD #Forex #4H #1H #CHOC #BOS #FVG #DemandZone #SupplyZone #PriceAction #Breakout

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⚠️ NOTICE
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My personal analysis based on my drawn levels and structure.
Not financial advice. DYOR.
Trade active
Trade closed: target reached

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