Descending Wedge Rejection Targets Liquidity Pool Sweep!

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Descending Wedge Rejection Targets Liquidity Pool Sweep!EUR/USDOANDA:EURUSDRichard_PrimeInsightsEUR/USD is demonstrating a clean structural compression on the H1 timeframe, navigating within a tightening descending wedge corridor after rejecting higher structural supply blocks. Following consecutive internal character shifts (CHoCH) and structural breaks (BOS), the immediate price action is executing a localized consolidation above the primary discount demand array (liquidity pool). Global Context The broader forex spectrum continues to navigate intense macroeconomic liquidity conditions, forcing capital realignments between premium dollar matrices and major European currency blocks ahead of key central bank data. Smart money has engineered this wedge structure to compress price action and absorb liquidity before executing a final high-velocity downward flush to sweep resting buy stops below the market floor. This projected price path behaves like a classic liquidity capture mechanism, pulling price action up for a minor trendline retest before an aggressive wave pushes through the 1.13580 - 1.13680 liquidity pool down toward the 1.13450 - 1.13520 support baseline where a structural reversal can take shape. Technical Playbook The Bias Short Term Tactical Flush / Medium Term Liquidity Capture Reversal. We are strictly focused on tracking this dynamic descending wedge corridor. The Main Horizons Tactical execution focal points are locked directly on the 1.13580 - 1.13680 liquidity pool block and the secondary 1.13450 - 1.13520 lower trendline support baseline. The Target Path Following the structural layout, price action is projected to bounce briefly off local support, reject at the upper trendline, and then complete a final flush through the liquidity pool down to the dynamic wedge floor. Invalidation The entire bearish distribution framework is instantly invalidated if the market prints a sustained H1 candle closure completely above the 1.14000 defense line.