@JustinBennettfx

YouTube

Avg. Quality

74

Success Rate

41.56

Analysis

243
Correct
101
Fail
136
Pending
6
Ineffective
0
Total Quality
Score
If You Had Traded on This Analysis…
Fail
EURUSD
Long Entry 1.1612 2026-03-04 23:36 UTC
Target 1.1770 Fail 1.1504 In 1 Weeks
Risk/Reward 1 : 1
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Final PnL
-0.93%
P/L:
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EURUSD
Fail
Forex
Technical
1H
Analysis Predict Bear Market
The EURUSD is currently trading within a descending channel, showing a clear bearish trend. Key internal and external price levels (BoS, iBoS, OTE, ICHoCH) are being observed. The market has shown breaks of structure with lower lows and lower highs, confirming the bearish momentum. While shorts are potentially off the table in discount zones, I'm looking for mitigation of imbalances and retests of structure for potential short entries on pullbacks to premium zones. If the price breaks above the external high at 1.20549, it would signal a potential shift in market structure. My current bias remains bearish as long as price stays within this descending channel.
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