BSL Swept, Is 1.1457 Next? | XAUUSD 15/08

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BSL Swept, Is 1.1457 Next? | XAUUSD 15/08EUR/USDOANDA:EURUSDAdrian_NovaTraderEURUSD has reached the H4 BSL around 1.1575–1.1585 and swept the liquidity above the previous highs. Price is now showing rejection from this area. The H4 structure is still bullish, so I am treating this as a bearish correction rather than calling a full H4 reversal. For today, my preferred scenario is a move lower toward the liquidity and H4 OB below. 📌 Trading Plan Bias: Bearish correction below 1.1585 Entry: 1.1560–1.1575 Trigger: Price rejects the 1.1575–1.1585 BSL zone. M15/H1 forms a bearish CHoCH/BOS. Price retests 1.1560–1.1575. Enter after the retest shows rejection. SL: 1.1590 TP1: 1.1520 TP2: 1.1500–1.1510 TP3: 1.1457 🎯 Direction For Today My expected path is: 1.1575–1.1585 BSL sweep → bearish CHoCH/BOS → retest 1.1560–1.1575 → 1.1520 → 1.1500–1.1510 H4 OB → 1.1457 liquidity. I expect 1.1520 to be the first reaction area. If price breaks through it with strong bearish displacement, the next target is the 1.1500–1.1510 H4 OB. The key decision zone is 1.1500–1.1510. If buyers defend this area, the correction can end and price may start recovering. If H4 closes below this OB, I will look for continuation toward 1.1457 liquidity and potentially the 1.1400–1.1430 FVG. Invalidation: A move and H4 close above 1.1590 invalidates this bearish correction setup. In that case, I will stop looking for downside continuation and reassess the bullish H4 structure. Key levels: • 1.1575–1.1585 → H4 BSL / Entry reaction zone • 1.1520 → TP1 / first reaction • 1.1500–1.1510 → H4 OB / major decision zone • 1.1457 → Liquidity / TP3 • 1.1400–1.1430 → H4 FVG I am not looking to enter simply because the BSL was swept. The setup requires the sequence: liquidity sweep → bearish structure shift → retest → entry.