Bullish Reaction from Demand, Buy the Retracement | EURUSD 30/08

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Bullish Reaction from Demand, Buy the Retracement | EURUSD 30/08EUR/USDOANDA:EURUSDAdrian_NovaTraderEURUSD has delivered a strong bearish move into the H4 Order Block + Strong Demand zone around 1.1570–1.1580. This is now the most important area on the chart. My primary bias for today is SHORT-TERM BULLISH. I expect buyers to defend the current demand zone and push price higher toward the imbalance and resistance above. The recent bearish momentum is strong, so I will not blindly buy at market. The preferred plan is to wait for price to confirm that the demand zone is being defended. 🔵 MAIN BUY PLAN Buy Zone: 1.1570–1.1580 Stop Loss: 1.1555 🎯 TP1: 1.1610 🎯 TP2: 1.1640–1.1650 🎯 TP3: 1.1670–1.1680 Entry Confirmation I want to see price hold above 1.1570, followed by a bullish rejection or a lower-timeframe CHoCH/BOS to the upside. If price immediately breaks through the demand zone with strong bearish candles, I will avoid the buy setup. 📈 Expected Scenario Today My preferred scenario is for EURUSD to first stabilize around 1.1570–1.1580, sweep any remaining sell-side liquidity below the recent low if necessary, and then begin a bullish recovery. The first important objective is 1.1610, where price may react around the imbalance. If buyers maintain momentum, the next target is 1.1640–1.1650. The main upside objective is the 1.1670–1.1680 POI, which represents the major resistance area above. I expect this zone to be important if price reaches it. ⚠️ Invalidation A sustained H4 close below 1.1560 would invalidate my short-term bullish idea. In that case, the demand zone would have failed, and price could continue lower toward the broader support area around 1.1500–1.1510. 📌 TODAY'S PLAN Bias: 📈 Bullish from demand Entry: 1.1570–1.1580 SL: 1.1555 TP1: 1.1610 TP2: 1.1640–1.1650 TP3: 1.1670–1.1680 Today's preferred direction: BUY from the H4 demand zone, targeting the liquidity and resistance above.