EURUSD: High-Probability Short setup! SMT Divergence

Wait 5 sec.

EURUSD: High-Probability Short setup! SMT Divergence Euro/US DollarFX:EURUSDMrYounityThe charts are aligning for a sharp move down on EURUSD! We are seeing classic manipulation at the Smart Money Technique (SMT) level, perfectly setting up the move to sweep the liquidity below. 🔑 The Institutional Playbook SMT Divergence Alert 🚨: The key setup! While the DXY (US Dollar Index, currently near a 6-month high around 99.9) likely made a Higher High (HH), EURUSD failed to print a corresponding Lower Low (LL), or vice-versa, creating a clear SMT Divergence at the swing high. This correlation failure suggests institutions are positioning for a strong dollar move, confirming a bearish bias on EURUSD. EURUSD vs DXY are inversely correlated. A failure of one to keep pace signals the real move is imminent. CRT Manipulation (1M): Price action on the 1-minute chart confirms this is a liquidity grab. We had a sweep of the CRTH (Candle Range Theory High) and the short-term high liquidity above 1.15200. The subsequent rapid push back down and consolidation shows a clear distribution phase. The market is holding price in a tight range, trapping late buyers, right below the recent high. The Target: CTL Liquidity Sweep 🎯: The setup is a run on the CTL (Current Trapped Liquidity), which is the obvious low at 1.15156. Once that low is broken, the gates open for a continuation, chasing the next major pool of liquidity further down. 📉 Execution Plan Bias: Bearish (Strongly supported by DXY strength). Confirmation: A clean 1-minute displacement breaking below the current consolidation box. Target: The first major stop is the CTL at 1.15156, with potential for continuation if DXY maintains its strength. Trade safely and stick to the plan! Let the institutions do the work. Good luck! 🥂 Greetings, MrYounity