EUR/USD | Wave 4 Trap Before the Next Sell-Off?

Wait 5 sec.

EUR/USD | Wave 4 Trap Before the Next Sell-Off? Euro vs. US DollarFX:EURUSDGreenfireforexMarket Structure Speaks Louder Than Opinions After an aggressive Wave 3 decline, EUR/USD appears to be developing a corrective Wave 4 into a major supply zone around 1.1490–1.1500. This area aligns with: ✅ Previous support turned resistance ✅ Dynamic trendline resistance ✅ High-probability Wave 4 completion zone ✅ Trend continuation structure 🎯 Trading Plan Bias: 🔴 Bearish 📍 Watch Zone: 1.1490–1.1500 ⛔ Invalidation: Break and close above Wave 4 high 🎯 Target 1: Previous swing low 🎯 Target 2: Wave 5 extension toward fresh lows 🔍 What I'm Waiting For • Bearish rejection candle • Market structure break on lower timeframe • Strong selling momentum before entry Patience pays. No confirmation = No trade. ⚠️ Disclaimer: This analysis is for educational purposes only and reflects my personal market view. It is not financial advice. Always use proper risk management and wait for confirmation before entering any trade.