Bullish EURUSD Reversal / Long Opportunity (4H Chart)

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Bullish EURUSD Reversal / Long Opportunity (4H Chart)Euro vs US DollarICMARKETS:EURUSDResilienceFxSupport Zone (~1.1650–1.1610) The price has tapped into a clear demand zone, which was respected previously during a strong bullish impulse. Current candle shows signs of exhaustion in bearish momentum, hinting at a potential reversal. Market Structure: Despite the recent retracement, higher lows remain intact when viewed in a broader context. The price may be completing a corrective wave within an overall bullish market structure. Liquidity & Trap Mechanics: The wick sweep toward 1.1610 likely triggered sell-side liquidity, setting the stage for a buy-side reversal. This area is often where institutions accumulate long positions under the guise of bearish continuation.