EURUSD – 4H Market Structure & Supply/Demand Overview
Price has been respecting a clear bearish trendline, with multiple rejections confirming sustained selling pressure during the previous structure. Each pullback into the trendline resulted in continuation to the downside, reinforcing the bearish bias in that phase.
Recently, price reacted strongly from the demand zone, forming a bullish impulsive move that led to a break of the descending trendline. This shift suggests a potential change in short-term market structure.
At the moment, price is approaching a key supply zone, which has previously acted as resistance and caused multiple rejections. This area may serve as a decision point for the next move.
Scenarios to consider:
• Bearish case: Price reacts from the supply zone with rejection, potentially continuing the overall downward movement
• Bullish case: A confirmed breakout above the supply zone may open the path toward higher resistance levels
Key levels:
– Resistance: Upper supply zone
– Support: Demand zone and lower support level
Waiting for clear confirmation around these zones can help avoid premature entries.
This is not financial advice. For educational purposes only.