🔹 Price is currently trading around 1.1421, consolidating between key supply and demand zones.
🔴 Supply Zone (Order Block 1H): 1.14360 – 1.14590
📌 Strong bearish reaction from this resistance area. First scenario: rejection from this OB and a move downward.
🔵 Demand Zone (Order Block 4H): 1.13050 – 1.13430
✅ If price fails to break the resistance, we could see a retracement to this OB. Bullish reaction here may offer long opportunities.
🟢 Fair Value Gap (FVG 1H): 1.11800 – 1.12220
📉 If OB 4H fails to hold, price could drop into this FVG area – a high-liquidity zone for potential reversal.
📊 Possible Scenarios:
1️⃣ Break and hold above OB 1H → price may extend toward next OB zone at 1.15150 – 1.15400
2️⃣ Rejection from OB 1H → pullback to OB 4H → possible long setup if confirmed
3️⃣ Break below OB 4H → deeper move into FVG 1H
‼️ Avoid premature entries – wait for valid confirmations.
🔍 Insight by ProfitaminFX
If this outlook aligns with your bias, or if you see it differently, feel free to share your perspective in the comments. Let’s grow together 📈
🔴 Supply Zone (Order Block 1H): 1.14360 – 1.14590
📌 Strong bearish reaction from this resistance area. First scenario: rejection from this OB and a move downward.
🔵 Demand Zone (Order Block 4H): 1.13050 – 1.13430
✅ If price fails to break the resistance, we could see a retracement to this OB. Bullish reaction here may offer long opportunities.
🟢 Fair Value Gap (FVG 1H): 1.11800 – 1.12220
📉 If OB 4H fails to hold, price could drop into this FVG area – a high-liquidity zone for potential reversal.
📊 Possible Scenarios:
1️⃣ Break and hold above OB 1H → price may extend toward next OB zone at 1.15150 – 1.15400
2️⃣ Rejection from OB 1H → pullback to OB 4H → possible long setup if confirmed
3️⃣ Break below OB 4H → deeper move into FVG 1H
‼️ Avoid premature entries – wait for valid confirmations.
🔍 Insight by ProfitaminFX
If this outlook aligns with your bias, or if you see it differently, feel free to share your perspective in the comments. Let’s grow together 📈
Trade active
EURUSD just printed a classic fake breakout on the 1H timeframe.The price broke above a key resistance and even closed a candle above, but quickly reversed within 2 hours, reclaiming the entire move.
✅ We’re now watching for signs of bearish momentum. If the sellers take control, price could likely retrace down toward the 4H Order Block to absorb buy-side liquidity.
📌 For now, it’s a waiting game — confirmation is needed before entering any short setups. But the trap above resistance looks quite intentional.
Trade closed: target reached
We entered a EUR/USD short position and already captured around +60 pips.Now we're watching the 4H Order Block zone closely to see if a valid long setup develops.
Patience for confirmation is key.
EUR/USD SMC Setup (CHOCH + OB)
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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.