eurusd sell setupFair Value Gap (FVG) - Highlighted in Orange:
This is an imbalance zone where price moved quickly without much trading.
It acts as a potential supply zone where institutions may have unfilled sell orders.
Your sell is anticipated after price returns to fill the FVG.
Market Structure Break (BMS):
Shown by the horizontal black arrow.
Price broke the previous low, confirming a bearish structure shift.
Indicates momentum shifting to the downside.
Entry & Stop Loss:
Entry: Just inside or after the FVG gets tapped.
Stop Loss: Above the FVG and the recent swing high (around 1.17680).
Risk-Reward: Favorable, around 1:3.34 (shown on chart).
Target (Take Profit):
Down near 1.17301.
This is likely based on a previous low, liquidity pool, or demand zone.
Price Action Confirmation:
Price impulsively dropped into the gray zone (likely previous demand or support).
You're expecting a pullback into the FVG before continuation downward.
✅ Why this Sell Setup Makes Sense (SMC Logic):
Break of Structure (BOS): Signals bearish intent.
FVG = Premium Zone (Sell Area): Fills imbalance and provides institutional entry.
Risk-Reward Ratio: Excellent, over 3:1.
Entry is Smart Money Based: You're not selling blindly but waiting for a retracement to a logical supply zone.
