Another Bearish Week for the Euro Dollar(Eur/Usd) 18th/Aug/2025

It is yet another bearish week for the dollar. This week’s chart looks similar to last week’s chart because there was not much price movement last week. We are still looking at the same price levels to take our profits incase the price continues going down. The levels that we will be looking to take our profits if the price starts going lower is 1.14893 on the Eur/Usd chart. The final level that we will be looking to close our profits if the price continues going lower is price level 1.13918 on the Eur/Usd chart. The fact that we are bearish does not mean that we cannot get into buy setups. How we do this is by utilizing the 4hr chart and getting into buy or sell setups if there is market structure shift combined with mitigation blocks. We will go into details regarding how we set up our trades in the trading lessons category. Let us know how trading is going for you in the comments section. Wishing you a profitable trading week. Cheers!

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Slow, but sure and consistent. Consistency is the goal.