#EURUSD: Swing Sell Worth Over +1200 Pips, Get Ready! EUR/USDOANDA:EURUSDSetupsfx_EURUSD is currently showing short-term bullish strength but the wider market structure suggests this recovery may be preparing for a larger bearish reversal. 🔺The recent decline reached external sell-side liquidity around 1.1330. This is an area where stop-losses from previous buyers were likely resting. After collecting this liquidity, price produced a Change of Character (CHOCH) followed by a bullish Break of Structure (BOS). 🔺In simple terms, sellers temporarily lost control and buyers began pushing price towards the next important liquidity area. 🔺At the time of this chart, EURUSD is trading around 1.16766. The current bullish displacement suggests that price may continue higher before the larger bearish setup becomes active. Why Price Could Move Higher First 🔺The recent bullish candles have broken above internal structure near 1.1580. This confirms bullish order flow on the lower portion of the chart and creates a potential draw towards the previous highs. 🔺The next important objective is 1.17984, where buy-side liquidity may be resting above earlier swing highs. Price is also approaching a higher-timeframe premium area, meaning it is moving into a more attractive region for sellers. Swing Reversal Zone 🔺The chart highlights approximately 1.1760–1.19400 as the main swing-reversal area, with 1.17984 acting as the first major decision level. This region contains: • Previous swing-high liquidity • A higher-timeframe premium selling area • Historical resistance and supply • A possible location for institutional sell orders • A favourable risk-to-reward area for a confirmed bearish setup Bearish Confirmation to Watch For Inside the reversal zone, traders can monitor lower timeframes for: • A sweep above a recent high • Strong rejection from the premium zone These confirmations would indicate that buy-side liquidity has been collected and bearish delivery may be commencing. Bearish Objectives If the reversal is confirmed, the potential downside objectives are: * First target: 1.1580–1.1500 internal structure * Second target: 1.1330 external liquidity area * Third target: 1.1000 psychological level * Long-term chart objective: 1.04732 The final target represents a longer-term projection and would require continued bearish structure through each intermediate support level. Invalidation 🔺A decisive two-day close above 1.19400 would invalidate the expected reversal zone and suggest that buyers remain in control. In that situation selling pressure may be delayed and EURUSD could search for liquidity above the previous major highs. Overall Bias 🔺The immediate bias remains bullish while price moves towards 1.17984 and the highlighted premium zone. However, the higher-timeframe expectation remains bearish if price enters the reversal area and produces a confirmed bearish structure shift. 🔺The cleaner approach is to avoid selling against the current bullish displacement. Wait for price to reach premium, collect liquidity and provide bearish confirmation before considering the projected downside move. LIKE AND COMMENT ❤️👨💻 THE SETUPSFX_ TEAM🇬🇧