Peter Smith
⬤ EUR/USD kept sliding after a liquidity sweep triggered above local highs on the 30-minute timeframe. The pair swept liquidity near 1.1600–1.1608 before rejecting hard and flipping bearish. Entry came at 1.1598 with a stop at 1.1609 and a target of 1.1547, lining up with a clean structural shift in the premium zone.
⬤ After tagging the supply region, price reversed and started trending lower across multiple sessions. The follow-up chart showed EUR/USD dropping smoothly toward 1.1560 while maintaining downward momentum toward the liquidity zone below. The move played out just like the original signal suggested—sweep the highs, flip structure, then ride it down.
⬤ This kind of price action shows how EUR/USD responds to intraday liquidity grabs around key technical levels like 1.1600. The sequence was textbook: sweep, displacement, confirmation, continuation. With price holding below those swept highs, short-term bias stayed bearish and supported the downside target.
⬤ What makes this move interesting is how cleanly EUR/USD respected both the structural levels and the liquidity-driven setup. The orderly decline from the supply zone toward lower targets shows that liquidity behavior is driving direction in current conditions. Traders watching similar setups might find this kind of reaction profile useful for catching near-term momentum shifts.
Peter Smith
