SMC Trading point update
Technical analysis EUR/USD on the 4-hour timeframe, highlighting a structure shift, supply zone rejection, and a move toward a lower support target.
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Technical Breakdown:
1. Market Structure:
A clear Change of Character (CHOCH) occurred after the price broke below the recent higher low structure — signaling a bearish trend reversal.
Price made a lower high after retesting the supply zone (yellow), confirming bearish momentum.
2. Supply & Demand Zones:
Supply Zone (Resistance): Around 1.1598 – previously a demand zone, now acting as a rejection zone.
Target Support Zone: 1.12099 – marked as a key level for potential bounce or consolidation.
3. EMA (200):
The price is trading below the 200 EMA, reinforcing the bearish bias.
The EMA is also curving downward — aligning with the direction of the trend.
4. Projected Price Path:
The chart outlines a bearish stair-step move with lower highs and lower lows.
Targeting a full move toward the support zone at 1.12099.
5. RSI (14):
Currently hovering around 50, showing neutral momentum.
No divergence, but RSI is below its moving average (bearish crossover) and can support further downside.
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Trade Idea Summary:
Bias: Bearish
Confirmation: Price broke below structure → CHOCH confirmed → Rejection from supply zone
Entry Area: Around 1.1550–1.1580 (ideally after a lower high forms)
Target Zone:
TP1: 1.1400
TP2: 1.12099 (major support zone)
Invalidation: Price closes and holds above 1.1600 (invalidates bearish bias)
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Key Insights:
This is a Smart Money Concept (SMC)-based setup focusing on structure breaks, supply rejections, and order flow.
Ideal for swing traders aiming to capture the next major leg down.
Please support boost 🚀 this analysis)
Technical analysis EUR/USD on the 4-hour timeframe, highlighting a structure shift, supply zone rejection, and a move toward a lower support target.
---
Technical Breakdown:
1. Market Structure:
A clear Change of Character (CHOCH) occurred after the price broke below the recent higher low structure — signaling a bearish trend reversal.
Price made a lower high after retesting the supply zone (yellow), confirming bearish momentum.
2. Supply & Demand Zones:
Supply Zone (Resistance): Around 1.1598 – previously a demand zone, now acting as a rejection zone.
Target Support Zone: 1.12099 – marked as a key level for potential bounce or consolidation.
3. EMA (200):
The price is trading below the 200 EMA, reinforcing the bearish bias.
The EMA is also curving downward — aligning with the direction of the trend.
4. Projected Price Path:
The chart outlines a bearish stair-step move with lower highs and lower lows.
Targeting a full move toward the support zone at 1.12099.
5. RSI (14):
Currently hovering around 50, showing neutral momentum.
No divergence, but RSI is below its moving average (bearish crossover) and can support further downside.
---
Trade Idea Summary:
Bias: Bearish
Confirmation: Price broke below structure → CHOCH confirmed → Rejection from supply zone
Entry Area: Around 1.1550–1.1580 (ideally after a lower high forms)
Target Zone:
TP1: 1.1400
TP2: 1.12099 (major support zone)
Invalidation: Price closes and holds above 1.1600 (invalidates bearish bias)
---
Key Insights:
This is a Smart Money Concept (SMC)-based setup focusing on structure breaks, supply rejections, and order flow.
Ideal for swing traders aiming to capture the next major leg down.
Please support boost 🚀 this analysis)
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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.
(Services:✔️ JOIN Telegram channel
t.me/SMCTrading_point
Gold trading signals 🚀 99%
t.me/SMCTrading_point
Join my recommended broker , link 👇
World best broker exness ✅D
one.exnesstrack.org/a/l1t1rf3p6v
t.me/SMCTrading_point
Gold trading signals 🚀 99%
t.me/SMCTrading_point
Join my recommended broker , link 👇
World best broker exness ✅D
one.exnesstrack.org/a/l1t1rf3p6v
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.