BSL (Buy-side Liquidity):

101
Symbol: EUR/USD

Timeframe: 1 hour

Price Range Displayed: ~1.15300 to ~1.17500

Current Price: 1.16935


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Key Chart Markings
BSL (Buy-side Liquidity):

Marked at the top in the yellow zone (~1.17250–1.17500).

Indicates where buy-side liquidity was likely taken—suggesting liquidity grab or stop hunt.

SSL (Sell-side Liquidity):

Marked at the bottom yellow zone (~1.15700–1.15900).

Indicates a potential drawdown area—price may seek this liquidity next.

Price Action:

The price recently made a higher high into the BSL zone, followed by a bearish rejection.

A projected path is shown: short-term retracement upward, followed by a larger move downward toward the SSL zone.

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Potential Outlook (Bearish Bias)
The chart suggests a bearish move is anticipated:

BSL has been swept, signaling a reversal point.

Target: Sell-side liquidity around 1.15800, possibly lower.

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Technical Implication
This setup follows Smart Money Concepts (SMC) or Liquidity Engineering:

Liquidity is taken from one side of the market (BSL), and price is expected to move to the other (SSL).

Possible setup for a short trade after confirmation of the retracement.

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