This EURUSD setup is a case study in smart money accumulation after a liquidity sweep + channel break. Price action is aligning like clockwork for a long setup, and the confluences are hard to ignore.
🧠 Breakdown:
🔻 Bearish Channel Structure: Market has respected this descending channel since early May — multiple taps, respected diagonals
🟡 Reversal Clues: Clean sweep of liquidity at the channel bottom with bullish engulfing candle
💰 Order Block + Discount Zone:
OB marked inside the 50%–79% retracement range
🔹 OB top: ~1.12567
🔹 Key entry: Between 1.12567 – 1.12199
🔹 SL: Below 1.1180 (clean under discount zone)
📈 TP zone: 1.15728 — previous market structure high and fib -100% level
✅ Risk-Reward: 1:5+ if played with precision
🔍 Why this setup is 🔥:
✅ Channel break = structure shift
✅ OB + Fib 61.8%–79% = strong demand confluence
✅ Liquidity below equal lows already taken
✅ Sharp bullish move after sweep = signs of big players entering
✅ Price likely to pull back to mitigate before exploding
🧠 Institutional Logic:
“Liquidity fuels price. Structure guides it. Confluence confirms it.”
The market swept lows, flipped structure, and now is likely returning to fill orders before the next leg up. This is a classic bullish mitigation play.
📊 If price taps into the OB and shows bullish confirmation — this is a sniper zone.
Set alerts. Wait for the wick. Enter on the flip. Let the market work for you, not the other way around.
🧠 Breakdown:
🔻 Bearish Channel Structure: Market has respected this descending channel since early May — multiple taps, respected diagonals
🟡 Reversal Clues: Clean sweep of liquidity at the channel bottom with bullish engulfing candle
💰 Order Block + Discount Zone:
OB marked inside the 50%–79% retracement range
🔹 OB top: ~1.12567
🔹 Key entry: Between 1.12567 – 1.12199
🔹 SL: Below 1.1180 (clean under discount zone)
📈 TP zone: 1.15728 — previous market structure high and fib -100% level
✅ Risk-Reward: 1:5+ if played with precision
🔍 Why this setup is 🔥:
✅ Channel break = structure shift
✅ OB + Fib 61.8%–79% = strong demand confluence
✅ Liquidity below equal lows already taken
✅ Sharp bullish move after sweep = signs of big players entering
✅ Price likely to pull back to mitigate before exploding
🧠 Institutional Logic:
“Liquidity fuels price. Structure guides it. Confluence confirms it.”
The market swept lows, flipped structure, and now is likely returning to fill orders before the next leg up. This is a classic bullish mitigation play.
📊 If price taps into the OB and shows bullish confirmation — this is a sniper zone.
Set alerts. Wait for the wick. Enter on the flip. Let the market work for you, not the other way around.
Trade active
📍 Trade Update:💸 50% closed at key level = profit locked in!
🧠 Remaining position is riding the trend.
🔄 Dynamic SL in place, monitoring price action closely.
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.