Market Overview (EURUSD – 1H)

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Market Overview (EURUSD – 1H)EUR/USDOANDA:EURUSDSelena_FX_TraderPrice 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) 🧠 Smart Money Concept (SMC) Read Liquidity Sweep (BSL taken) → Distribution phase likely complete Displacement Move Down → Confirms bearish intent Current Zone → Price trading inside 1H OB (mitigation area) Below lies 1H FVG + OB confluence, acting as draw on liquidity 📉 Short Idea (Rule-Based & Safe) 🔴 Sell Setup (Preferred Scenario): Entry: After lower timeframe confirmation (M5/M15 CHoCH or rejection) inside 1H OB Zone: ~1.1500 – 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) ⚠️ 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 ✅ Execution Tips (Important) No entry without confirmation (CHoCH / rejection / displacement) Avoid trading mid-range (wait at zones only) Follow ≤1% risk per trade Patience > impulsive entries 📌 Summary Bias remains bearish below OB, with price likely seeking lower liquidity (FVG + OB zone). Ideal approach is sell on confirmation, not blind entry. 🚨 Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always manage your risk and trade responsibly.