EURUSD 2/2/25

Heading into this week, EUR/USD is the first pair we are looking at. We have a new filter applied with our Orion Entry Level V2, as well as the Orion System running in the background.

The bias has been shown as bearish, so we are looking for the following. Note the two pre-established highs above, along with a high that is yet to be recognized, as we have not joined the new trading week to confirm that candle closure. That gives us three highs to target and ultimately a heavy cluster of lows marked as the lowest target, along with a high-volume low just below the current price.

We're looking for an expansive move down, but overall, we would love to see a pullback into the highs beforehand, remembering that the higher timeframe is giving us our bearish bias. So because of this, we will look to follow it.

Remembering that we only take trades if the entries are given, and until we hit the points we want to trade from, we do nothing more than let the market run its course.

Trade to your risk, follow your rules, and always let Orion guide you.