🧭 EUR/USD – Intraday Long Setup Analysis (August 3, 2025)
🎯 Key Level of Interest: 1.14863 (0.25 retracement of the DRH → DRL move)
We're currently watching the 1.1486 area, which aligns with:
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A clearly defined Bullish Order Block (OB) to the left
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Multiple inverted Fair Value Gaps (iFVGs) providing liquidity voids
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A key retracement level (0.25) of the most recent impulsive leg
🔍 Technical Context:
✅ 1. Market Structure Shift:
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A Bullish Break of Structure (BOS) was confirmed
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Multiple ChoCHs (Change of Character) to the upside
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Structure is now bullish on both M15 and H4 charts
✅ 2. Liquidity Sweep & Strong Rejection:
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The move from 1.1391 (DRL TYPE 2) swept key liquidity and created a Strong Low
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The fast move upward shows potential reaccumulation
✅ 3. OB + FVG Confluence:
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The 1.1486 area aligns perfectly with a refined bullish OB
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Multiple iFVGs stack up right around the same region — a strong high-probability support zone
⚠️ Risks to Watch:
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Price is now near the NY PM session high, labeled as a Weak High — possible reaction there
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If that high holds, we may get a pullback into the OB zone for mitigation
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Invalidation occurs on a clean break below 1.1447 (PDH) or especially under 1.1391
🧠 Trade Setup Idea:
Parameter | Value |
---|---|
Entry Zone | 1.1486 – 1.1475 |
Stop Loss | Below 1.1440 |
TP1 | 1.1580 (Weak High) |
TP2 | 1.1638 (0.75 retracement level) |
Risk:Reward | Approx. 1:3 to 1:4 |
Confirmation Trigger: Bullish reaction or lower timeframe ChoCH (5min or 1min) at the 1.1486 zone.
🔑 Summary:
If price pulls back into the 1.1486 bullish zone and shows a reaction (e.g., bullish engulfing, rejection wick, LTF ChoCH), a long setup becomes high probability. Confluences from OB, FVG, retracement, and market structure support the bias.
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