Current Market Context
The EUR/USD market has been in a downward trend, but recent price action below the true year open suggests there could be a potential bullish incentive forming. This dip may attract buyers to rebalance the 4-hour Fair Value Gap (FVG) above, signaling a possible retracement.
At this stage, there’s no confirmed trade setup, but staying patient and waiting for the price to approach and react to the 4H FVG and order blocks could provide clearer signals. If strong bullish behavior develops in these areas, a retracement trade might align with a potential shift in short-term momentum.
Have a great weekend, and let’s see what opportunities Monday holds!
Follow me for more trade ideas 🤝
At this stage, there’s no confirmed trade setup, but staying patient and waiting for the price to approach and react to the 4H FVG and order blocks could provide clearer signals. If strong bullish behavior develops in these areas, a retracement trade might align with a potential shift in short-term momentum.
Have a great weekend, and let’s see what opportunities Monday holds!
Follow me for more trade ideas 🤝
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