00:01Is the EURUSD finally shifting trend or is this just another trap?
00:06Please watch the full video.
00:08Looking at the 1-hour chart, the market structure has transitioned from a strong bearish displacement into a clear consolidation
00:15phase.
00:16After a significant break of structure to the downside, the price is now ranging between the 1.1680 and 1
00:23.1780 levels.
00:25We are currently seeing an accumulation phase where the price is forming internal higher lows, hinting at a potential bullish
00:31reversal, though it is not fully confirmed yet.
00:34This accumulation suggests that big players might be building positions for an upward move.
00:39We have two primary points of interest for our setups.
00:42The first is the current demand zone at 1.1680 to 1.1675, which is currently holding firm.
00:50Below that, the 1.1660 to 1.1645 area represents a much stronger institutional zone where the previous impulsive move
00:59originated.
01:00On the flip side, major supply sits at 1.1760 to 1.1780, with a higher time frame resistance further
01:08up at 1.1840.
01:10Our main entry will be in this order block zone.
01:13As price retraces here, we will begin building our position.
01:16The plan for this trade involves an invalidation level set just below the recent swing low.
01:22If the price breaks this level, our current bias will change completely.
01:26Our final scenario or objective for this movement is to clear the liquidity zone sitting above.
01:31Currently, the bullish setup is preferred because demand is holding and minor internal structure is appearing.
01:38Our scenario 1 is 1.1740 and scenario 2 is 1.1765.
01:45However, if the price fails and breaks below the invalidation level of 1.1660,
01:50we shift to a bearish outlook targeting scenario 1 at 1.1620 and scenario 2 at 1.1580.
01:57Always follow proper risk management.
02:00I'll see you in the next video.
02:02Follow for more, the next video.
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