EURUSD 4H – Bearish Setup from Supply Zones

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EURUSD 4H – Bearish Setup from Supply ZonesEUR/USDOANDA:EURUSDFXSMARTT On the 4H timeframe, EURUSD is approaching key supply zones aligned with Fibonacci levels. I am expecting a corrective pullback to these zones before sellers regain control. Key Supply Zones: Supply Zone 1: 1.14000 (Aligned with 50% Fibonacci) Supply Zone 2: 1.14200 (Aligned with 78.6% Fibonacci) Target: 1.13300 Trade Plan – Short Setup: I am waiting for price to reach one of the supply zones. After seeing bearish confirmation on a lower timeframe, I will enter short. Entry Zone 1: 1.14000 (after confirmation) Entry Zone 2: 1.14200 (after confirmation) Stop Loss: Above the supply zone Take Profit: 1.13300 Invalidation: Price breaks above 1.14400 with strong momentum Pro Tips: 1. Do not short at current levels. Wait for price to reach supply zones. 2. The market is expected to pull back into these zones after the open. 3. Always wait for lower timeframe confirmation before entering. 4. Patience is key. My Personal View: I expect price to pull back to 1.14000 or 1.14200 after market open. From those zones, with confirmation, I will short toward 1.13300. If price breaks above 1.14400, I will re-evaluate. Not financial advice. Trade at your own risk. Tags: EURUSD, Forex, Bearish, SupplyZone, Fibonacci, PriceAction, TradingView