📉 Bearish Move to IDM Level
EUR/USD is currently rejecting the IDM level, showing signs of weakness after a previous 15M Break of Structure (BOS) and fair value gap (FVG) mitigation. The market is following a short-term bearish order flow, suggesting a potential liquidity grab before a reversal.
📈 Bullish Recovery Expected
A deeper move into the discount zone could trigger a strong bullish reversal. The blue projection suggests a potential sweep of liquidity, followed by a bullish push towards 1.09600 or higher.
🔎 Key Levels & Considerations:
IDM Level: Acting as a short-term support zone.
15M FVG: Potential area for price reaction.
Liquidity Grab: Watching for confirmation of bullish intent before entering long positions.
📌 Stay patient and follow price action!
#EURUSD #Forex #SmartMoneyConcepts #ICT #Trading
EUR/USD is currently rejecting the IDM level, showing signs of weakness after a previous 15M Break of Structure (BOS) and fair value gap (FVG) mitigation. The market is following a short-term bearish order flow, suggesting a potential liquidity grab before a reversal.
📈 Bullish Recovery Expected
A deeper move into the discount zone could trigger a strong bullish reversal. The blue projection suggests a potential sweep of liquidity, followed by a bullish push towards 1.09600 or higher.
🔎 Key Levels & Considerations:
IDM Level: Acting as a short-term support zone.
15M FVG: Potential area for price reaction.
Liquidity Grab: Watching for confirmation of bullish intent before entering long positions.
📌 Stay patient and follow price action!
#EURUSD #Forex #SmartMoneyConcepts #ICT #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.