EUSUD 4-hour chart analysis where the market is having strong resistance now market in on correction phase to resume bullish again.
As we can see the market is making consecutive highs in the previous weeks and it has built a strong resistance in the nearly 1100 areas. Price got a rejection for several times from this supply zone and it retracing to the downside now. We can see here the market is breaking some lower lows in those areas Since the market is looking now, sell-side liquidity, I am showing here now some liquidity pools where the market can visit to resume its bullish moves again. But it may retest this area to make further down moves. So, our trading plan is will enter short trade after the market shows correct price action in this 1000 area, and profit the target would be the 0650 area. Here is some trend line liquidity and this is a great demand zone. And the sale trade target can be below the area shown in the video analysis.
