Euro / British Pound
Long

EURGBP Bullish Setup Analysis – MMC + Volume Absorption + Target

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In today's EUR/GBP 30-minute chart, we can clearly observe a well-structured Market Maker Cycle (MMC) in play, accompanied by Smart Money concepts such as volume absorption, minor BOS (Break of Structure), and reversal zone identification. Let’s walk through the technical story unfolding:

🧠 Step-by-Step Breakdown:
🟣 1. Reversal Zone & QFL (Quasimodo Failed Level) Formation
The price made a sharp decline, which trapped retail sellers chasing the breakout to the downside.

This drop landed into a key reversal zone — a price pocket where Smart Money often steps in for accumulation.

The QFL structure is evident here, showing a previous demand zone break and then recovery — classic stop-loss hunting behavior followed by institutional positioning.

This is often considered the “Spring” or “Manipulation” phase in Wyckoff or MMC theory.

🟩 2. Volume Absorption & Compression Phase
After tapping into the reversal zone, price action entered a tight compression range, forming a wedge/triangle.

During this phase, volume absorption is clearly visible — large players are absorbing selling pressure without letting price drop further.

This is a signal of re-accumulation. Buyers are loading up while keeping the price suppressed to mislead retail traders.

You’ve rightly labeled this phase as “Structure Mapping + Volume Absorption” — a textbook Smart Money behavior prior to breakout.

🔓 3. Minor Breaks of Structure (BOS)
As price consolidates, we begin to see Minor BOS— subtle shifts in structure where previous highs are taken out.

These BOS levels are confirmation that demand is outweighing supply.

Once we break multiple minor highs, it shows that buyers are now in control — hinting at the transition from Accumulation → Expansion.

📈 4. Projected Next Reversal + Breakout Scenario
The marked Next Reversal Zone above (around 0.8680–0.8695) is where we can expect the first true breakout and major expansion.

If price enters this area with increased volume, it validates that Smart Money is pushing into the Markup Phase of the MMC.

After the breakout, we could see price push toward 0.8710 and above.

📊 5. Market Maker Cycle (MMC) Summary
What we’re seeing here is a full-scale MMC pattern unfolding:

Manipulation (QFL trap) → Accumulation (Volume absorption) → Structure Shift (Minor BOS) → Expansion (Reversal breakout)

This is the kind of setup that offers high-probability entries for those who understand Smart Money dynamics and wait for confirmation.

🎯 Key Levels to Watch:
Reversal Support Zone: 0.86450 – 0.86500

Breakout Target Zone: 0.86800 – 0.86950

Final Target (Swing): 0.87100+

🧠 Final Thoughts:
This EUR/GBP setup shows everything we love to see:

Liquidity taken ✅

Structure forming ✅

Volume building ✅

BOS confirming ✅

Expansion pending 🔜

Be patient. Let Smart Money reveal their hand through price action and volume confirmation.

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