EUR/USD - High-Probability Short Setup! Are we going lower?

20 feb

EUR/USD - This trade is based on a bearish retracement rejection from a key Fair Value Gap (FVG), targeting a strong confluence area where Fibonacci levels and volume profile data align.

🔹 Entry Criteria:

• Price has tapped into a Fair Value Gap (FVG) twice, showing signs of rejection.
  
• The green zone represents an imbalance where sellers previously stepped in, making it an ideal short entry area.
  
• Look for bearish confirmation, such as wicks, bearish engulfing candles, or lower timeframe breakdowns before executing the trade.
  

🔹 Target (Take Profit - TP):

• The primary target is the 0.618 - 0.65 Fibonacci retracement zone (Golden Pocket), a strong level where price often reverses.
  
• This level aligns with the Point of Control (POC) from the volume profile tool, adding further confluence.
  

🔹 Stop-Loss & Invalidation:

• Stop-loss should be placed above the last high near the FVG zone to protect against invalidation.
  
• If price closes above the FVG zone, the trade setup becomes invalid, as it would indicate bullish strength and a possible continuation higher.
  

🔹 Additional Considerations:

• Price is likely seeking sell-side liquidity below previous lows, supporting the downside move.
  
• Market conditions and potential fundamental catalysts (news events) should be monitored before entry.
  

📌 Summary:
This trade idea involves shorting from a key imbalance zone (FVG), expecting price to fill the gap and move toward a high-probability support area at the Golden Pocket + POC confluence zone. However, if price closes above the FVG, the trade setup is invalidated, signaling a potential bullish continuation. 🚀

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20 feb

Trade chiuso: stop raggiunto

market switched an took the stop. On to the next one!