EURUSD Bearish Market Structure Unfolding – Liquidity Grab BelowEURUSD Bearish Market Structure Unfolding – Liquidity Grab Below Support Expected"
🔍 Technical Analysis Breakdown:
🔺 Resistance Zone (1.17500 - 1.18500)
Labelled “Strong High”, this is a high-supply zone where price previously reversed.
Multiple Break of Structure (BOS) and Change of Character (CHoCH) confirm this as a strong bearish supply area.
Any retracement toward this level could be ideal for short entries.
🟩 Fair Value Gap (FVG)
This imbalance area previously served as a magnet for price before it broke down.
Price failed to hold inside the FVG, reinforcing bearish sentiment.
🔻 Support Zone (1.13500 - 1.14000)
Marked as a "Weak Low", suggesting this level is likely to be taken out in a liquidity sweep.
Price is expected to retest and potentially break below this zone in the near term.
📉 Current Price Action
Recent CHoCH (Bearish) confirms shift in structure.
Price has made a corrective pullback and seems poised for another leg down.
Highlighted grey zone suggests price may retrace slightly higher before continuing its bearish move.
🎯 Bias: Bearish
Expecting downside continuation toward 1.13500 support, targeting liquidity below.
Traders may wait for rejection signals on lower timeframes around the minor pullback zone before executing shorts.
📚 Educational Notes:
CHoCH indicates a shift in market sentiment (from bullish to bearish).
FVG often acts as a magnet but if not respected, confirms momentum in the opposite direction.
Support/Resistance zones are used to determine institutional activity zones.
Short