EURUSD remains positioned within a corrective market structure following a strong bearish displacement from the higher-timeframe supply zone. The sharp rejection from the 1.1830 to 1.1850 region highlights the validity of the identified bearish order block, indicating active institutional supply and reinforcing a short-term downside bias.
Market Structure
The broader structure suggests that the recent decline was impulsive, while the ongoing upside movement appears corrective in nature. Price action has transitioned into a consolidation range, reflecting temporary balance rather than a confirmed reversal. The absence of strong bullish displacement further supports the view that buyers currently lack sufficient momentum to shift order flow.
Smart Money Perspective
From a liquidity standpoint, the current upward movement is likely engineered to target buy-side liquidity resting above recent highs. A controlled push into the premium zone would allow larger participants to optimize short positioning and potentially establish a lower high.
A rejection from the supply area would confirm continued institutional control and strengthen the probability of bearish continuation.
Key Levels to Monitor
Supply / Bearish Order Block: 1.1830 – 1.1850
Immediate Liquidity Target (Upside): Equal highs above the recent range
Downside Objective: 1.1760 discount zone, where sell-side liquidity is expected to rest
Trade Narrative
Primary Scenario:
A liquidity sweep into the order block followed by bearish confirmation could initiate the next leg lower, maintaining alignment with the prevailing order flow.
Invalidation Scenario:
A decisive break and sustained acceptance above the supply zone would weaken the bearish thesis and signal the potential for a deeper retracement, possibly shifting short-term structure toward bullish conditions.
Directional Bias
Short-Term Bias: Bearish while price remains below the order block.
Expectation: Corrective rally into supply followed by continuation to the downside.
Market Structure
The broader structure suggests that the recent decline was impulsive, while the ongoing upside movement appears corrective in nature. Price action has transitioned into a consolidation range, reflecting temporary balance rather than a confirmed reversal. The absence of strong bullish displacement further supports the view that buyers currently lack sufficient momentum to shift order flow.
Smart Money Perspective
From a liquidity standpoint, the current upward movement is likely engineered to target buy-side liquidity resting above recent highs. A controlled push into the premium zone would allow larger participants to optimize short positioning and potentially establish a lower high.
A rejection from the supply area would confirm continued institutional control and strengthen the probability of bearish continuation.
Key Levels to Monitor
Supply / Bearish Order Block: 1.1830 – 1.1850
Immediate Liquidity Target (Upside): Equal highs above the recent range
Downside Objective: 1.1760 discount zone, where sell-side liquidity is expected to rest
Trade Narrative
Primary Scenario:
A liquidity sweep into the order block followed by bearish confirmation could initiate the next leg lower, maintaining alignment with the prevailing order flow.
Invalidation Scenario:
A decisive break and sustained acceptance above the supply zone would weaken the bearish thesis and signal the potential for a deeper retracement, possibly shifting short-term structure toward bullish conditions.
Directional Bias
Short-Term Bias: Bearish while price remains below the order block.
Expectation: Corrective rally into supply followed by continuation to the downside.
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Penafian
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For Daily LIVE Trades
Join FREE Telegram:t.me/+xavhcozoJexhZTVl
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Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.