EUR/USD Monthly Timeframe Analysis (SMC / ICT-Based)
Current Price: 1.17437 (approx)
OB (Order Block):
A bearish order block is marked in the orange zone around 1.2250–1.2400, which aligns with a potential reversal point.
BSL (Buy-Side Liquidity):
Located just above the OB, targeting liquidity above prior highs. Price is expected to sweep this liquidity before reversal.
FVG (Fair Value Gap):
A red box indicating imbalance – likely an area price might react from once filled.
Supply Zones:
Upper Green Zone (~1.1400–1.1700): Price is currently reacting in this supply region.
Lower Green Zone (~1.1050): Previous structure and minor resistance.
SSL (Sell-Side Liquidity):
Marked at the blue demand zone (~0.9500–0.9800). The chart shows a long-term bearish projection toward this zone after a liquidity sweep.
📉 Projection Path:
Short-Term Bullish Move to the OB / BSL zone.
Liquidity Sweep above the highs.
Reversal from the OB zone.
Bearish Trend Continuation breaking below recent structure.
Final Target: Long-term drop toward SSL at 0.9500–0.9800 zone.
⚠️ Bias:
Short-Term: Bullish until OB is hit.
Long-Term: Bearish after liquidity sweep and OB rejection.
Current Price: 1.17437 (approx)
OB (Order Block):
A bearish order block is marked in the orange zone around 1.2250–1.2400, which aligns with a potential reversal point.
BSL (Buy-Side Liquidity):
Located just above the OB, targeting liquidity above prior highs. Price is expected to sweep this liquidity before reversal.
FVG (Fair Value Gap):
A red box indicating imbalance – likely an area price might react from once filled.
Supply Zones:
Upper Green Zone (~1.1400–1.1700): Price is currently reacting in this supply region.
Lower Green Zone (~1.1050): Previous structure and minor resistance.
SSL (Sell-Side Liquidity):
Marked at the blue demand zone (~0.9500–0.9800). The chart shows a long-term bearish projection toward this zone after a liquidity sweep.
📉 Projection Path:
Short-Term Bullish Move to the OB / BSL zone.
Liquidity Sweep above the highs.
Reversal from the OB zone.
Bearish Trend Continuation breaking below recent structure.
Final Target: Long-term drop toward SSL at 0.9500–0.9800 zone.
⚠️ Bias:
Short-Term: Bullish until OB is hit.
Long-Term: Bearish after liquidity sweep and OB rejection.
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.
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.