EUR/USD 4H Analysis: Smart Money Concept Setup
On the 4H timeframe, EUR/USD transitioned from a downtrend to bullish momentum after breaking the previous LH. This indicates a potential trend reversal.
Price swept liquidity at the IDM level, confirming the inducement move. I’ll now move to the 30M timeframe to refine my entry. My focus is on waiting for a CHoCH (Change of Character) and a bullish order block retest before executing a buy position.
Sticking to one pair this week to maintain a focused approach. Let’s see how this plays out!
Feedback is welcome—drop your thoughts below!
Bless Trading!
Price swept liquidity at the IDM level, confirming the inducement move. I’ll now move to the 30M timeframe to refine my entry. My focus is on waiting for a CHoCH (Change of Character) and a bullish order block retest before executing a buy position.
Sticking to one pair this week to maintain a focused approach. Let’s see how this plays out!
Feedback is welcome—drop your thoughts below!
Bless Trading!
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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.