📊 EURUSD Smart Money Concept Analysis
🔹 Change of Character (ChoCH) and Break of Structure (BOS) indicate shifts in market sentiment.
🔹 Price is currently pushing upwards, approaching a key supply zone (1.04324 - 1.04576), which may act as resistance.
🔹 Multiple Fair Value Gaps (FVGs) below suggest liquidity voids that price may revisit.
📌 Bearish Scenario:
🔻 If price rejects from the 1.04324 - 1.04576 supply zone, it could target lower demand areas:
✅ 1.03437 - 1.03522 (First demand zone & FVG fill)
✅ 1.02738 - 1.02950 (Deeper demand zone)
✅ 1.01650 - 1.02114 (Major liquidity zone for long-term buys)
📈 Bullish Scenario:
🔹 If price breaks and holds above 1.04576, further bullish momentum could push it towards 1.05000+ levels.
🚀 Trade Plan:
🔸 Short Setup: Look for bearish confirmations at 1.04324 - 1.04576.
🔸 Long Setup: Watch for buy opportunities at demand zones 1.03437 - 1.03522 or 1.02738 - 1.02950 if price retraces.
#EURUSD #ForexTrading #SmartMoneyConcepts #TechnicalAnalysis #LiquidityZones #FairValueGap #BreakOfStructure
🔹 Change of Character (ChoCH) and Break of Structure (BOS) indicate shifts in market sentiment.
🔹 Price is currently pushing upwards, approaching a key supply zone (1.04324 - 1.04576), which may act as resistance.
🔹 Multiple Fair Value Gaps (FVGs) below suggest liquidity voids that price may revisit.
📌 Bearish Scenario:
🔻 If price rejects from the 1.04324 - 1.04576 supply zone, it could target lower demand areas:
✅ 1.03437 - 1.03522 (First demand zone & FVG fill)
✅ 1.02738 - 1.02950 (Deeper demand zone)
✅ 1.01650 - 1.02114 (Major liquidity zone for long-term buys)
📈 Bullish Scenario:
🔹 If price breaks and holds above 1.04576, further bullish momentum could push it towards 1.05000+ levels.
🚀 Trade Plan:
🔸 Short Setup: Look for bearish confirmations at 1.04324 - 1.04576.
🔸 Long Setup: Watch for buy opportunities at demand zones 1.03437 - 1.03522 or 1.02738 - 1.02950 if price retraces.
#EURUSD #ForexTrading #SmartMoneyConcepts #TechnicalAnalysis #LiquidityZones #FairValueGap #BreakOfStructure
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
fxforever
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.