This EUR/USD daily chart highlights a bearish setup within a weakening rising wedge.
A Change of Character (CHoCH) confirms a potential shift in structure as price pushes toward buy-side liquidity above previous highs—where retail stops are likely resting.
Once this liquidity is swept, smart money is expected to reverse price sharply, breaking wedge support. The projected move targets the 1.03 zone, representing a 7% drop, aligning with internal liquidity and a return to the discount zone.
This setup illustrates classic SMC behavior: liquidity grabs, structural shifts, and institutional unloading before a major move.
EUR/USD – Final Push Before Collapse?
A Change of Character (CHoCH) confirms a potential shift in structure as price pushes toward buy-side liquidity above previous highs—where retail stops are likely resting.
Once this liquidity is swept, smart money is expected to reverse price sharply, breaking wedge support. The projected move targets the 1.03 zone, representing a 7% drop, aligning with internal liquidity and a return to the discount zone.
This setup illustrates classic SMC behavior: liquidity grabs, structural shifts, and institutional unloading before a major move.
EUR/USD – Final Push Before Collapse?
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.