📊 Week 1 – EURUSD Analysis Inkunzi Emnyama Wealth Creation

📊 Week 1 – EURUSD Analysis

Inkunzi Emnyama Wealth Creation

Pair: EURUSD

Higher Timeframe Bias (Daily): Bearish

Execution Timeframe: H1

🔍 Market Structure

EURUSD remains in a bearish daily structure. After the previous impulsive drop, price has retraced back into a premium resistance zone between 1.1917 – 1.1927.

This area aligns with previous supply and is a high-probability zone to look for short opportunities, only with confirmation.

📍 Key Levels

• Resistance Zone: 1.1917 – 1.1927

• Invalidation Level: H1 close above 1.1930

• Support Target: 1.1858

🎯 Trade Idea (If–Then Model)

Direction: Sell (with confirmation only)

If:

Price taps the 1.1917–1.1927 resistance zone and shows H1 bearish confirmation…

Then:

I will look to execute short positions targeting the 1.1858 support level.

Risk:

• Max 0.5% – 1% per trade

• One quality trade > many random trades

🧠 Execution Logic

I am trading with the Daily trend, selling from premium, and only entering after the H1 chart confirms rejection.

This is not prediction.

This is reaction to price behavior.

🔐 My Exact H1 Confirmation Rules (3 Bullet Points)

I only take a sell if at least one of these appears at the resistance zone:

1️⃣ A bearish rejection candle on H1

→ Long upper wick + strong bearish close inside the zone

2️⃣ A bearish engulfing candle on H1

→ A full-body candle that engulfs the previous bullish candle

3️⃣ A lower high + structure break

→ Price fails to make a new high and breaks minor H1 support