EURUSD: New-Week Technical Bias (Market Open)Multi-Timeframe Structural Outlook:
Higher Timeframes (Monthly, Weekly, Daily):
Market structure remains in a clear Ascend Sequence, reflecting an intact Buy-Side Bias Environment (BBE). Price action continues to build bullish structure, supporting an overall upward lean.
Lower Timeframe Technical Snapshot:
4H & 1H:
Current price consolidates within a well-defined Value Compression Phase (VCP) between 1.8297 – 1.7078, signaling temporary indecision and mixed short-term directional clarity.
Liquidity Mechanics & Trap Dynamics:
Recent Sweep Event targeting 1.7470 exploited a Trap Vector (TV), drawing price below perceived support to tap into underlying liquidity pockets within both a Price Inefficiency Zone (PIZ) and Bid Accumulation Zone (BAZ). Following this engineered sweep, price reversed, validating hidden bullish intent beneath the range.
Order Clustering Targets:
Expect clustered liquidity and potential price magnet zones at 1.8097 and 1.8192, representing logical upside attractions aligned with orderflow objectives.
Reaction Points:
VCP High (1.8297):
Break and sustained acceptance above signals potential Ascend Sequence continuation and broader bullish resumption.
VCP Low (1.7078):
Breakdown with intent below increases probability of a Trend Signature Shift (TSS), signaling bearish structure vulnerability and potential trend deterioration.
Summary:
Bullish on HT structures remains valid, but short-term bias is mixed pending confirmed resolution of the VCP range boundaries. Price behavior at the highs/lows of the compression zone will dictate next directional conviction.
