EUR/USD: The Hunt is On - Looking for the Model #1 BounceEuro/US DollarFX:EURUSDMrYounityTimeframe: 4H | Model: CRT Model #1 / Turtle Soup Reversal We are seeing a classic Candle Range Theory (CRT) setup currently unfolding on EUR/USD, indicating that the recent aggressive downside move is nearing a critical reversal point. The market has completed a Turtle Soup (TS), running below the prior consolidation lows to aggressively hunt for liquidity (stops). This move down has stabbed directly into an established Fair Value Gap (FVG), which is serving as a powerful magnet and potential support zone for smart money accumulation. Here’s the breakdown of the trade plan: Liquidity Grab: The price drop broke below the CRTL (Candle Range Theory Low) and tapped the high-probability FVG zone. This is the "Manipulation" phase (Candle 2). The Trigger (Model #1): We are now patiently waiting for the confirmation signal—the Model #1 entry. We need to see price close strongly above the thick, down-closing candle that trapped the sellers at the low. Entry Confirmation: An aggressive move back above the previous swing low (CRTL + TS line) is our final confirmation that the market is ready to reverse into the "Distribution" phase (Candle 3). Targets: Target 1 (CRTH): The main objective is the CRTH (Candle Range Theory High) at 1.16081, aiming to fill the vacuum created by the initial drop. Target 2 (Above): Beyond 1.16081, the path is clear for a move to seek liquidity above the current range. Mindset: This is a high-conviction trade IF we get the Model #1 confirmation. The pairing of Turtle Soup + FVG at a key structural low is exactly where smart money enters. Do not chase the entry; wait for the confirmation candle close before acting. Trade Smart. Trade CRT. Greetings, MrYounity