This chart highlights a potential bearish Smart Money Concepts (SMC) setup on EURUSD (1H).
Analysis Overview
✅ Major Supply Zone identified
✅ Internal Supply Zone (I-Supply) respected
✅ Internal Change of Character (i-CHoCH) confirmed
✅ Internal Break of Structure (i-BOS) formed
✅ Internal Inducement (i-IDM) created
✅ Bearish market structure remains intact
Trading Idea
Price reacted from the major Supply Zone and formed an Internal Supply Zone, followed by an Internal CHoCH (i-CHoCH) and Internal BOS (i-BOS). The formation of i-IDM suggests that liquidity has been engineered before continuation.
As long as price remains below the Internal Supply Zone, the bearish market structure remains valid. A rejection from this zone could provide opportunities for further downside continuation.
Invalidation
A strong bullish close above the Internal Supply Zone would invalidate this bearish setup and suggest a potential shift in market structure.
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.
#EURUSD #SMC #SmartMoneyConcepts #MarketStructure #SupplyZone #OrderBlock #CHoCH #BOS #IDM #Liquidity #PriceAction #Forex #TradingView #ForexAnalysis
Analysis Overview
✅ Major Supply Zone identified
✅ Internal Supply Zone (I-Supply) respected
✅ Internal Change of Character (i-CHoCH) confirmed
✅ Internal Break of Structure (i-BOS) formed
✅ Internal Inducement (i-IDM) created
✅ Bearish market structure remains intact
Trading Idea
Price reacted from the major Supply Zone and formed an Internal Supply Zone, followed by an Internal CHoCH (i-CHoCH) and Internal BOS (i-BOS). The formation of i-IDM suggests that liquidity has been engineered before continuation.
As long as price remains below the Internal Supply Zone, the bearish market structure remains valid. A rejection from this zone could provide opportunities for further downside continuation.
Invalidation
A strong bullish close above the Internal Supply Zone would invalidate this bearish setup and suggest a potential shift in market structure.
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.
#EURUSD #SMC #SmartMoneyConcepts #MarketStructure #SupplyZone #OrderBlock #CHoCH #BOS #IDM #Liquidity #PriceAction #Forex #TradingView #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.