Pair: EURUSD
๐น Timeframe: 30 Min
๐น Bias: Bearish (Short Setup Expected)
๐น Current Price: 1.17358
---
๐ก Market Breakdown:
The pair is approaching a premium zone (1.17381 โ 1.17567) where smart money may induce liquidity grabs before a sharp sell-off.
The structure shows a clear Break of Structure (BoS) followed by a Change of Character (Choch) confirming bearish intention.
---
๐ Key Zones:
๐ต Supply Zone: 1.17381 โ 1.17567
๐บ Liquidity Sweep Zone (Fakeout Expected): 1.17400 โ 1.17431
๐ป Target Zone 1: 1.17096
๐ป Target Zone 2: 1.16829
โ Invalidation Above: 1.1760
---
๐ฏ Trade Plan:
Wait for price to tap into the red supply zone (1.174xx), then look for bearish confirmation like a strong rejection or engulfing candle.
Expect a fast drop after smart money traps buyers.
---
๐ Smart Money Concept Used:
๐น Inducement โ Entry โ Expansion
๐น BOS โ CHoCH โ Imbalance Fill
---
๐ง Remember:
"Price doesnโt move randomly โ itโs engineered by intent."
๐น Timeframe: 30 Min
๐น Bias: Bearish (Short Setup Expected)
๐น Current Price: 1.17358
---
๐ก Market Breakdown:
The pair is approaching a premium zone (1.17381 โ 1.17567) where smart money may induce liquidity grabs before a sharp sell-off.
The structure shows a clear Break of Structure (BoS) followed by a Change of Character (Choch) confirming bearish intention.
---
๐ Key Zones:
๐ต Supply Zone: 1.17381 โ 1.17567
๐บ Liquidity Sweep Zone (Fakeout Expected): 1.17400 โ 1.17431
๐ป Target Zone 1: 1.17096
๐ป Target Zone 2: 1.16829
โ Invalidation Above: 1.1760
---
๐ฏ Trade Plan:
Wait for price to tap into the red supply zone (1.174xx), then look for bearish confirmation like a strong rejection or engulfing candle.
Expect a fast drop after smart money traps buyers.
---
๐ Smart Money Concept Used:
๐น Inducement โ Entry โ Expansion
๐น BOS โ CHoCH โ Imbalance Fill
---
๐ง Remember:
"Price doesnโt move randomly โ itโs engineered by intent."
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.
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.