# **📉 EUR/JPY - Smart Money Concept (SMC) Breakdown! 🔥**
🔎 Price at Key Decision Zone!
We are seeing a **triangle formation**, indicating a potential breakout soon. Based on SMC concepts, we have two possible scenarios:
🚀 **Case 1 (Red Path - Bullish Fakeout & Sell-off)**
- Price may **break above resistance** into the supply zone (169-172)
- This could be a **liquidity grab**, trapping buyers before a sharp rejection
- A **sell-off** follows, targeting **144-148**
📉 **Case 2 (Blue Path - Immediate Breakdown)**
- Price fails to break resistance and **rejects instantly**
- A strong breakout to the downside confirms a bearish move
- Targeting the **144-148 demand zone**
📌 **Key Levels to Watch:**
🔺 **Liquidity Grab Zone**: 169-172
🔻 **Bearish Breakdown Zone**: 160-164
🟢 **Potential Reversal Area**: 144-148
💡 **Question for Traders:**
- Will we see a **bullish trap before a crash** or a **direct breakdown**?
- Are you **selling from resistance** or waiting for confirmation?
🔥 **Comment below your views & trade setups!** 🚀
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This keeps it
🔎 Price at Key Decision Zone!
We are seeing a **triangle formation**, indicating a potential breakout soon. Based on SMC concepts, we have two possible scenarios:
🚀 **Case 1 (Red Path - Bullish Fakeout & Sell-off)**
- Price may **break above resistance** into the supply zone (169-172)
- This could be a **liquidity grab**, trapping buyers before a sharp rejection
- A **sell-off** follows, targeting **144-148**
📉 **Case 2 (Blue Path - Immediate Breakdown)**
- Price fails to break resistance and **rejects instantly**
- A strong breakout to the downside confirms a bearish move
- Targeting the **144-148 demand zone**
📌 **Key Levels to Watch:**
🔺 **Liquidity Grab Zone**: 169-172
🔻 **Bearish Breakdown Zone**: 160-164
🟢 **Potential Reversal Area**: 144-148
💡 **Question for Traders:**
- Will we see a **bullish trap before a crash** or a **direct breakdown**?
- Are you **selling from resistance** or waiting for confirmation?
🔥 **Comment below your views & trade setups!** 🚀
---
This keeps it
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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.
Related publications
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.