EURUSD H1 | Sell From Premium Supply — 1.17500 Rejection

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Bias: Bearish (Short-Term)
Price has pushed into a premium supply zone on the 1H timeframe, tapping into a key resistance level at 1.17500 – 1.17550. This aligns perfectly with the 4H symmetrical triangle upper boundary and prior structure resistance — a high probability sell setup is forming.

Technical Confluence

1.17500 – 1.17550 is a clear supply/resistance zone on the 1H
Aligns with 4H triangle upper trendline resistance
Prior CHoCH level — structure flip zone
Price trading in premium relative to the recent range
EMA resistance cluster at this level on 1H
Momentum showing signs of exhaustion at current levels
Ties into the 4H FVG sweep narrative — price needs to come down to 1.16240 before any real breakout


🔴 Trade Setup — SELL
🔴 Sell Entry: 1.17500 – 1.17550

Premium supply zone
1H resistance / prior structure
Triangle upper boundary
Look for bearish rejection candle before entering

🛑 Stop Loss: 1.17850

Above the supply zone
Above the Weak High on 1H
Clears all liquidity above entry

Take Profit 1: 1.17200

Nearest 1H support / demand area
Partial close recommended

Take Profit 2: 1.16500

Mid-range support
Previous consolidation zone

Take Profit 3: 1.16247

FVG target from 4H analysis
Full bearish objective
Smart money magnet below


Risk-to-Reward
LevelPriceEntry1.17500Stop Loss1.17850 (-35 pips)TP11.16950 (+55 pips)TP21.16500 (+100 pips)TP31.16247 (+125 pips)
RR to TP1 ≈ 1:1.6 ✅
RR to TP2 ≈ 1:2.9 ✅✅
RR to TP3 ≈ 1:3.6 ✅✅✅

🧠 Narrative
On the 4H timeframe, EURUSD is compressing inside a symmetrical triangle with an untouched FVG sitting below at 1.16247. Before any major bullish breakout can happen, smart money needs to sweep that liquidity below.
Dropping down to the 1H, price has now pushed into the premium supply zone at 1.17500 — exactly where sellers are expected to step in. This 1H sell is not against the bigger picture bullish bias — it IS the bigger picture play. Price needs to come down from 1.17500 to fill the FVG at 1.16247 before the real bullish move launches.
This sell is the mechanism that fills the 4H FVG.
The logic is clean:

🔴 Sell at 1.17500 → ride down to FVG
🟢 Buy at 1.16247 → ride the major breakout

Two trades. One complete narrative. Execute both with discipline.

Aviso legal

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