EURUSD SetupEUR/USDOANDA:EURUSDCashFalconAction Items - Monitor EUR/USD for a clean pullback/correction into my key level before I enter long (no chasing). - Keep an eye on the 4H — if price breaks below the key 4H support, I reassess the long. - Track DXY for directional confirmation. Context & Disclaimer **This recording is a personal trading journal for self-reflection and review, not trading or investment advice** - I recently closed a profitable USD/DKK short, which freed up capital for new setups. - My recent positioning has leaned “short dollar” (longs in gold + AUD/USD + NZD/USD, and shorts like USD/DKK), and DXY breaking a key level supports that broader view. Trading Background (how I’m trading EUR/USD) - I trade trends and avoid chop. - My workflow is: daily levels for roadmap → 4H for ICC/structure → 1H for correction detail → 15M for observation only. Daily Chart Markup (EUR/USD) - I mark untouched swing levels in black and previously-touched/backside levels in green and use that as my roadmap. - I’m cautious around stacked/clustered levels, and I’m watching a developing daily swing level that price is currently struggling with. - I also have a strong one-day low below current price that I’m treating as major support. ICC Strategy (4H) - I’m using ICC (Indication → Correction → Continuation). - I already have a bullish indication on the 4H, so I’m not entering yet. I’m waiting for price to correct back into my zone and then show continuation. - Core rule: don’t chase price. If it never gives my entry, I’m fine missing it. Trade Plan (Long EUR/USD) - Direction: Long (buy) - Entry trigger: 1.16142 Correction into the key level → confirmation/continuation signal - Stop loss: 1.15622 Below the key swing level (I noted the daily-level stop would be ~99 pips wide, which is too large for my system) - Take Profit: 1.17991 - Projected R:R: ~3.6:1 if the entry aligns correctly - Invalidation: A break below the key 4H level (my stop loss) makes me question the long and opens the door for lower prices Market Context & Risk Notes - USD can react hard to both scheduled news (rates, NFP) and unscheduled news (geopolitics). - The macro backdrop feels “in flux,” so I’m staying flexible and trading what price confirms.