This chart presents a potential bearish Smart Money Concepts (SMC) setup on EURJPY (1H).
Analysis Overview
✅ Internal Order Block (I-OB) identified
✅ Internal Inducement (I-IDM) formed
✅ Price revisiting the bearish Order Block
✅ Looking for rejection from the Order Block
✅ Target is the previous demand/liquidity zone
Trading Idea
Price has returned to a significant Internal Order Block (I-OB) after forming an Internal Inducement (I-IDM). If sellers defend this Order Block and bearish confirmation appears, the market may continue lower toward the previous demand/liquidity area.
This setup focuses on patience and confirmation rather than predicting the market. Waiting for a clear rejection at the Order Block can improve trade quality and risk management.
Invalidation
A strong bullish close above the Internal Order Block would invalidate this bearish setup.
This analysis is based on Smart Money Concepts (SMC) and is shared for educational purposes only. Always wait for confirmation before entering a trade.
Not Financial Advice.
#EURJPY #SMC #SmartMoneyConcepts #OrderBlock #IDM #Liquidity #PriceAction #Forex #TradingView #MarketStructure #SupplyAndDemand #ForexAnalysis
Analysis Overview
✅ Internal Order Block (I-OB) identified
✅ Internal Inducement (I-IDM) formed
✅ Price revisiting the bearish Order Block
✅ Looking for rejection from the Order Block
✅ Target is the previous demand/liquidity zone
Trading Idea
Price has returned to a significant Internal Order Block (I-OB) after forming an Internal Inducement (I-IDM). If sellers defend this Order Block and bearish confirmation appears, the market may continue lower toward the previous demand/liquidity area.
This setup focuses on patience and confirmation rather than predicting the market. Waiting for a clear rejection at the Order Block can improve trade quality and risk management.
Invalidation
A strong bullish close above the Internal Order Block would invalidate this bearish setup.
This analysis is based on Smart Money Concepts (SMC) and is shared for educational purposes only. Always wait for confirmation before entering a trade.
Not Financial Advice.
#EURJPY #SMC #SmartMoneyConcepts #OrderBlock #IDM #Liquidity #PriceAction #Forex #TradingView #MarketStructure #SupplyAndDemand #ForexAnalysis
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.