Euro / U.S. Dollar
Education

EUR/USD- Elliott Wave + Smart Money Concepts (SMC)

94
SMC Insight

Supply Zone Marked: Between 1.1500 – 1.2000.

Price is heading toward the supply zone.

On the right visual, schematic shows:

Liquidity build-up below equal highs.

Possible liquidity grab just above the supply zone.

Expect reaction or reversal around that supply.




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Trade Bias

Short-term: Bullish (momentum and structure are up).

Long-term: Watch for reaction at the 1.1500–1.2000 zone. This could be a major sell zone if price shows rejection/mitigation signs

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