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ArmanShabanTrading
Feb 21, 2024 11:13 AM

EUR/USD : Expect a Fall ? Let's See ! (READ THE CAPTION) Short

Euro Fx/U.S. DollarFXCM

Description

With a new review of the Euro/Dollar chart, we can see that the price has been corrected by entering the old FVG range and is currently trading in the range of 1.08 ! The first scenario is the fall from this range and the second scenario is the first rise to 1.087 and then the start of the fall again! Considering today's important meeting of the Federal Reserve, we cannot consider one scenario with more certainty, so we will follow the chart step by step!

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 active

Trade closed: target reached

By checking the EURUSD chart, we can see that the price was associated with the second scenario and by entering the Bearish Order Block of the 1.087 range and filling the old FVG, it faced heavy pressure and fell by more than 120 pips to 1.080! Cheers 💪 This analysis is still valid!

Comments
ArmanShabanTrading
Agree with me ?
mohdadham850307
ArmanShabanTrading
What's your Forecast for EURUSD ? Comment here !
Minolie
I think it's true and possible
ArmanShabanTrading
@Minolie awesome
Awuoche
my Fellow SMC trader.... nice Job 💯
ArmanShabanTrading
@Awuoche, My Pleasyre ! But i'm ICT trader :))
TheGrove
Thanks for sharing!
ArmanShabanTrading
@TheGrove, That's a Pleasure
VahidTradingCR
We are on the same page bro.



I see the FVG as the last line of defense, if the price closes the candle body below the FVG lower price is expected.
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