EURUSD EUR/USD: Pro-Level ICT & SMC Analysis!Analysis:
Price Action Strategy
The market structure reveals breaks of structure (BOS) and change of character (ChOCH), indicating key trend shifts.
Price is currently hovering near Fibonacci 0.618 retracement (1.12095332), a strong reversal point.
The RSI (47.68) suggests a neutral zone—neither overbought nor oversold.
Smart Money Concepts (SMC) Strategy
BOS and ChOCH confirm liquidity shifts, highlighting institutional involvement.
Fair Value Gap (FVG) around 1.12411364 could act as a strong resistance zone.
Volume bars show increased activity near these structural points, reinforcing the idea of smart money accumulation.
ICT (Inner Circle Trader) Strategy
The 0.618 Fibonacci retracement (1.12095332) is a crucial level for a possible reversal.
MACD is showing signs of a bearish crossover, indicating downward momentum.
Liquidity zones align closely with previous volume spikes, supporting a potential price reaction.
Buy and Sell Strategies
Buy Strategy: Look for a break above 1.12095332 with confirmation from RSI moving above 50 and MACD flipping bullish.
Sell Strategy: A strong rejection at FVG near 1.12411364 could indicate a sell opportunity, especially if RSI drops below 42 and MACD remains bearish.
VIP SIGNAL
LONG entry: 1.12095332
tp1: 1.12411364
tp2: 1.12650
sl: 1.11771
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t.me/Pipsschase09
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Free Forex and crypto signals
t.me/Pipsschase09
t.me/Pipsschase09
Related publications
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.