Hello Traders, based on the current market structure of EUR/USD on the H1 timeframe, we have a high-probability bearish setup with an attractive Risk-to-Reward ratio.
🔍 Technical Analysis (SMC Perspective)
Market Structure: After bottoming out at the 1.1325 region, price delivered a strong recovery, printing bullish CHoCH and BOS internal structures. However, this upward momentum is now approaching a critical HTF supply zone.
Key Interest Zone: Price is currently reacting to a major resistance zone around $1.1464 - $1.1472 (a previous swing high that initiated the bearish BOS/CHoCH).
Confirmation Signal: A bearish FVG (Fair Value Gap) has formed just below the resistance area, indicating that aggressive sellers are stepping back into the market.
📉 Trading Plan
We are looking to establish a Short position upon a retest of this supply zone.
Entry: $1.1464 (Lower boundary of the H1 Order Block / Resistance)
Stop Loss (SL): $1.1507 (Placed safely above the recent swing high)
Take Profit (TP): $1.1360 (Targeting the sell-side liquidity resting just above the ascending trendline)
📊 Risk Management Metrics:
Risk:Reward (R:R) Ratio: Approx. 1:2.4
Recommended Risk: 0.5% - 1% of your trading account.
💡 Tip trading:
Be patient and wait for the price to mitigate the entry zone. Look for lower timeframe confirmation (M5/M15) such as rejection candles (Pinbar, Bearish Engulfing) to optimize your entry. If price invalidates and closes above 1.1507, this setup is void.
Trade safe and have a profitable week! If you find this analysis helpful, please drop a Like and Follow for more updates.
Disclaimer: This analysis is for educational purposes only and does not constitute financial advice.
🔍 Technical Analysis (SMC Perspective)
Market Structure: After bottoming out at the 1.1325 region, price delivered a strong recovery, printing bullish CHoCH and BOS internal structures. However, this upward momentum is now approaching a critical HTF supply zone.
Key Interest Zone: Price is currently reacting to a major resistance zone around $1.1464 - $1.1472 (a previous swing high that initiated the bearish BOS/CHoCH).
Confirmation Signal: A bearish FVG (Fair Value Gap) has formed just below the resistance area, indicating that aggressive sellers are stepping back into the market.
📉 Trading Plan
We are looking to establish a Short position upon a retest of this supply zone.
Entry: $1.1464 (Lower boundary of the H1 Order Block / Resistance)
Stop Loss (SL): $1.1507 (Placed safely above the recent swing high)
Take Profit (TP): $1.1360 (Targeting the sell-side liquidity resting just above the ascending trendline)
📊 Risk Management Metrics:
Risk:Reward (R:R) Ratio: Approx. 1:2.4
Recommended Risk: 0.5% - 1% of your trading account.
💡 Tip trading:
Be patient and wait for the price to mitigate the entry zone. Look for lower timeframe confirmation (M5/M15) such as rejection candles (Pinbar, Bearish Engulfing) to optimize your entry. If price invalidates and closes above 1.1507, this setup is void.
Trade safe and have a profitable week! If you find this analysis helpful, please drop a Like and Follow for more updates.
Disclaimer: This analysis is for educational purposes only and does not constitute financial advice.
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.