Current Price: 1.13233
Change: +0.00369 (+0.33%)
Annotations & Indicators:
BOS (Break of Structure): Indicates where price broke previous structural levels, often signaling potential trend continuation or reversals.
ChoCH (Change of Character): Marks a shift in market behavior—typically from bullish to bearish or vice versa.
FVG (Fair Value Gap): Gray and red highlighted zones where price moved rapidly, suggesting an imbalance that could later be revisited (potential retracement zones).
Highlighted Circle: Around April 20–23, price surged sharply upward, breaking previous structures—indicating a strong bullish move followed by a change of character and retracement.
Structure Analysis:
Early Phase (Left Side): Mostly sideways to mildly bullish movement with BOS and ChoCH markers.
Mid Section (Orange Circle): A sharp bullish rally followed by a notable reversal and ChoCH—indicating potential trap or exhaustion.
Late Section (Right Side): Consolidation and range-bound movement with frequent ChoCH signals and minor BOS events, suggesting indecision or accumulation.
Right Edge (Recent Activity): A projected price move (green box) implies a bullish expectation toward the 1.14835 area, likely targeting the upper FVG zone.
Interpretation:
This chart combines market structure analysis and imbalance zones to project a bullish recovery in EUR/USD from the current consolidation zone, aiming for a move toward the 1.14835
Trade active
250 pips running 
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.