The "EUR/USD" chart analyzed by Smart money concept (SMC). The bearish flow of market is started from Buy side liquidity, which get pressurise the market for go down.
1. Key points:
Break of Structure (BOS):* Shows where the market breaks a previous high/low, indicating a shift in trend.
Change of Character (CHOCH): Indicates a possible reversal point—often the first sign that the market might switch direction or trend.
2. Liquidity Zones:
Buy-Side Liquidity (BSL): Marks an area above highs where stop-losses of sellers are likely resting. Price often grabs this liquidity before reversing.
Support Area (SA): A broader zone indicating strong demand; institutions may accumulate orders here.
3. Order Blocks (OB):
These are institutional candle blocks (often the last bearish candle before a bullish move, or vice versa) where price may return before continuing in the intended direction.
4. Fair Value Gap (FVG):
- An imbalance between buyers and sellers, often caused by large moves; price tends to come back to "fill" this gap before continuing.
5. Premium/Discount Zones:
The pink (premium) and blue (discount) shaded areas show pricing zones—traders often sell in premium and buy in discount zones.
6. Bearish candle Wick (BCW):
Highlights the selling move, with pressure, to move long.
That's all about "EUR/USD" what you think about it, write in the comment. Thanks.
1. Key points:
Break of Structure (BOS):* Shows where the market breaks a previous high/low, indicating a shift in trend.
Change of Character (CHOCH): Indicates a possible reversal point—often the first sign that the market might switch direction or trend.
2. Liquidity Zones:
Buy-Side Liquidity (BSL): Marks an area above highs where stop-losses of sellers are likely resting. Price often grabs this liquidity before reversing.
Support Area (SA): A broader zone indicating strong demand; institutions may accumulate orders here.
3. Order Blocks (OB):
These are institutional candle blocks (often the last bearish candle before a bullish move, or vice versa) where price may return before continuing in the intended direction.
4. Fair Value Gap (FVG):
- An imbalance between buyers and sellers, often caused by large moves; price tends to come back to "fill" this gap before continuing.
5. Premium/Discount Zones:
The pink (premium) and blue (discount) shaded areas show pricing zones—traders often sell in premium and buy in discount zones.
6. Bearish candle Wick (BCW):
Highlights the selling move, with pressure, to move long.
That's all about "EUR/USD" what you think about it, write in the comment. Thanks.
Trade active
Sell Entry 1.14790Target's 1.13790, 1.12890.
stop loss 1.60300
use proper risk management.
Trade closed: target reached
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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.
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.