Price is currently in a short-term bearish structure after sweeping liquidity from the previous highs (BSL). The market has shown clear displacement to the downside, followed by a controlled pullback.
Structure shifted bearish after strong impulse
Lower highs + weak retracements forming
Price reacting near 1H Order Block (OB)
š§ Smart Money Concept (SMC) Read
Liquidity Sweep (BSL taken) ā Distribution phase likely complete
Displacement Move Down ā Confirms bearish intent
Current Zone ā Price trading inside 1H OB (mitigation area)
Below lies 1H FVG + OB confluence, acting as draw on liquidity
š Short Idea (Rule-Based & Safe)
š“ Sell Setup (Preferred Scenario):
Entry: After lower timeframe confirmation (M5/M15 CHoCH or rejection) inside 1H OB
Zone: ~1.1500 ā 1.1520
Stop Loss: Above recent swing high / OB invalidation
Take Profit Targets:
TP1: 1.1460 (internal liquidity)
TP2: 1.1420 (1H FVG + OB zone)
ā ļø Alternative Scenario
If price breaks and holds above the OB, bearish idea becomes weak. In that case:
Wait for restructure or new liquidity formation
Avoid forcing trades without confirmation
ā
Execution Tips (Important)
No entry without confirmation (CHoCH / rejection / displacement)
Avoid trading mid-range (wait at zones only)
Follow ā¤1% risk per trade
Patience > impulsive entries
š Summary
Bias remains bearish below OB, with price likely seeking lower liquidity (FVG + OB zone). Ideal approach is sell on confirmation, not blind entry.
šØ Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always manage your risk and trade responsibly.