BIG SELL ON EUR/USD.. SELL FOR 60 PIPS RIGHT NOW !!
I prefer selling strength rather than chasing lows.
Entry zone: 1.1492 to 1.1508
Stop loss: 1.1532
Take profit 1: 1.1456
Take profit 2: 1.1430
Take profit 3: 1.1408
On the 1 hour structure, EUR/USD still looks like a market in a corrective bounce inside a larger downswing. The sequence from around 1.1650 down into the 1.1410 to 1.1450 region created a bearish swing leg, and the rebound since then has not yet broken the lower high structure. Your TradingView chart shows price sitting around 1.1477, which is still below the recent rebound shelf around 1.1505 to 1.1550. The Breakout Edge panel also shows a fresh buy signal near 1.14739, which tells me short term momentum is trying to mean revert, but not that the larger intraday structure has fully flipped bullish. That makes this more likely a bounce into supply than the start of a clean uptrend.
In smart money language, price looks to be trading back into a bearish order block / fair value gap zone around 1.1495 to 1.1525. Above that, the next pool of buy side liquidity sits around 1.1545 to 1.1555, then higher near 1.1600. On the downside, the obvious sell side liquidity is clustered below 1.1455, then 1.1435, then the prior swing low zone near 1.1410. My read is that dealers are more likely to run the near term buy stops first only if price can break and hold above 1.1525. Otherwise, the cleaner path is a stop run back through 1.1455.
I prefer selling strength rather than chasing lows.
Entry zone: 1.1492 to 1.1508
Stop loss: 1.1532
Take profit 1: 1.1456
Take profit 2: 1.1430
Take profit 3: 1.1408
On the 1 hour structure, EUR/USD still looks like a market in a corrective bounce inside a larger downswing. The sequence from around 1.1650 down into the 1.1410 to 1.1450 region created a bearish swing leg, and the rebound since then has not yet broken the lower high structure. Your TradingView chart shows price sitting around 1.1477, which is still below the recent rebound shelf around 1.1505 to 1.1550. The Breakout Edge panel also shows a fresh buy signal near 1.14739, which tells me short term momentum is trying to mean revert, but not that the larger intraday structure has fully flipped bullish. That makes this more likely a bounce into supply than the start of a clean uptrend.
In smart money language, price looks to be trading back into a bearish order block / fair value gap zone around 1.1495 to 1.1525. Above that, the next pool of buy side liquidity sits around 1.1545 to 1.1555, then higher near 1.1600. On the downside, the obvious sell side liquidity is clustered below 1.1455, then 1.1435, then the prior swing low zone near 1.1410. My read is that dealers are more likely to run the near term buy stops first only if price can break and hold above 1.1525. Otherwise, the cleaner path is a stop run back through 1.1455.
Attached Image (click to enlarge)
4
lol
and let the scalping begin 
