This chart highlights a potential bullish Smart Money Concepts (SMC) setup on GBPUSD (1H).
Analysis Overview
✅ Bullish Change of Character (CHoCH) confirmed
✅ Inducement (IDM) identified
✅ High-probability Demand Zone (Order Block) marked
✅ Waiting for a bullish reaction from the Demand Zone
✅ Target is the previous Supply Zone and liquidity
Trading Idea
The market has already confirmed a bullish CHoCH, indicating a potential shift in market structure. After creating an Inducement (IDM), price is expected to retrace into the Demand Zone (Order Block).
If buyers defend this Demand Zone and bullish confirmation appears, the next objective could be a continuation toward the Supply Zone, where resting liquidity is expected.
Invalidation
A strong bearish close below the Demand Zone would invalidate this bullish setup and increase the probability of further downside.
This analysis is based on Smart Money Concepts (SMC). Always wait for confirmation before entering a trade.
Educational purposes only — Not Financial Advice.
#GBPUSD #SMC #SmartMoneyConcepts #CHoCH #OrderBlock #DemandZone #SupplyZone #IDM #Liquidity #Forex #PriceAction #TradingView #ForexAnalysis
Analysis Overview
✅ Bullish Change of Character (CHoCH) confirmed
✅ Inducement (IDM) identified
✅ High-probability Demand Zone (Order Block) marked
✅ Waiting for a bullish reaction from the Demand Zone
✅ Target is the previous Supply Zone and liquidity
Trading Idea
The market has already confirmed a bullish CHoCH, indicating a potential shift in market structure. After creating an Inducement (IDM), price is expected to retrace into the Demand Zone (Order Block).
If buyers defend this Demand Zone and bullish confirmation appears, the next objective could be a continuation toward the Supply Zone, where resting liquidity is expected.
Invalidation
A strong bearish close below the Demand Zone would invalidate this bullish setup and increase the probability of further downside.
This analysis is based on Smart Money Concepts (SMC). Always wait for confirmation before entering a trade.
Educational purposes only — Not Financial Advice.
#GBPUSD #SMC #SmartMoneyConcepts #CHoCH #OrderBlock #DemandZone #SupplyZone #IDM #Liquidity #Forex #PriceAction #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.