📊 EUR/USD 4H Analysis – Bearish Reversal Setup
🔸 Market Structure:
The chart indicates a Change of Character (CHOCH) at the recent high, signaling a possible shift in trend from bullish to bearish. The buy stop liquidity appears to have been grabbed before the price reversed, suggesting smart money may be positioning for a sell-off.
🔸 Key Levels:
Resistance Zone: Near 1.0900, where liquidity was swept.
Support Zone: Marked in purple between 1.0450 - 1.0500, acting as a potential demand area.
🔸 Price Action Expectation:
A minor pullback or retest of the CHOCH zone before further downside.
A bearish continuation towards the 1.0500 demand zone, aligning with liquidity objectives.
🔸 Trading Plan:
Bearish Bias: Potential short opportunities if price confirms lower highs.
Invalidation: A sustained break above 1.0900 would negate the bearish thesis.
Target: 1.0500 zone for potential long-term buy interest.
📉 Conclusion: If the price respects the CHOCH level and fails to reclaim liquidity above, sellers could dominate, driving EUR/USD lower toward the 1.0500 liquidity pool.