EURUSD 4H - Two Scenarios After the Liquidity SweepEuro vs United States DollarTICKMILL:EURUSDoneshotalgoEURUSD took out the 20-day high at 1.18486 last week, sweeping the external buy-side liquidity that was sitting there. The weekly timeframe is still in a clean bullish expansion, but on the daily we're now trading in the upper half of the range, which usually means a pullback before any continuation higher. That gives us two setups to watch this week. I don't have a strong directional bias here. Whichever zone gets tested first with a clean reaction is the one I'm taking. Long setup - pullback into the 4H FVG There's an unmitigated 4H bullish Fair Value Gap between 1.17309 and 1.17522. The 4H 50 EMA sits right inside that gap at 1.17331, which adds a second layer of confluence. This is the obvious discount zone for the next leg up if the weekly trend is going to continue. I'm not using a limit order. I want to see price tap the zone and give me a 15-minute market structure shift with a clean wick rejection before taking a long around 1.17400. Stop below the invalidation at 1.16639. First target is the block between 1.17937 and 1.18146. Second target is the structural high at 1.18486. Short setup - rejection at 1.17900-1.18000 If price fails to hold the 1.17652 flip and rallies back into the 1.17900-1.18000 zone without breaking through, that's the short setup. We'd be fading a lower high after the external sweep, which is a common continuation pattern into the discount. For entry I want a 15-minute bearish structure shift and an SMT divergence against DXY - specifically, DXY needs to be putting in a higher low while EURUSD is printing the lower high. Without the SMT, I'm not taking it. Entry on the return to a 15m bearish FVG inside the zone, stop above 1.18161. First target is the top of the 4H FVG at 1.17522. Second target is the 50 EMA at 1.17331 - which would then set up the long scenario described above. Bias The two scenarios actually feed into each other. A short from the 1.179-1.180 shelf can deliver us right into the discount zone where the long setup lives. No reason to force a directional call when the market is giving us both levels to react to. Keep an eye on confirmation - I wouldn't be surprised to see price wick deep into the long zone before turning, so don't get married to the FVG upper edge as your entry.