EUR/USD โ Short-Term Binary Trade Analysis
(15 minutes)
๐ Market Structure
Clear lower highs and lower lows โ Strong downtrend
ZigZag indicator confirms a bearish swing
Price is trading below the descending trendline
๐ Key Levels
Resistance: 1.17140
Support: 1.17100
Current price is near support (1.17104)
๐ฏ Candle Behavior
Long red candles show strong selling pressure
Green candles are weak โ buyers cannot take control
๐ฅ Best Trade Setup
Direction: ๐ด DOWN (PUT)
Time: โฑ 15โ30 seconds
Entry rule:
If price pulls back to 1.17110 โ 1.17120 and shows a small green candle, then enter DOWN
Because the trend is strongly bearish, every pullback is a selling opportunity.
โ When NOT to take UP trade
Do NOT take UP if:
A strong bullish candle breaks the trendline
Price closes above 1.17140
That would invalidate the downtrend.
๐ง Summary
The market is in distribution โ dumping phase
Smart money is already selling.
๐ Next 3โ5 candles have 70โ80% probability to go DOWN ๐ฅ