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Source, summary and reference
I just launched a free 3-day SMC strategy course that walks through exactly how I trade structure, liquidity, and entries as a full-time trader. You can access it here: https://access.dailypriceaction.com/smc-strategy EURUSD just tapped a major higher-timeframe support area, and now weβre starting to see internal bullish structure shift on the lower time frames. On the weekly chart, price is trading inside OTE from the external high to the external low. On the daily, weβre still holding above the key external low that keeps the broader structure intact. And on the 4-hour chart, price is reacting from channel support while trading in discount. Thatβs why, in my opinion, shorts down here are off the table. Yes, we had a downside BOS. Yes, sellers have been in control. But I donβt short in discount. If Iβm looking for continuation, I need price back into premium β specifically into the imbalance and fair value gaps above the 50% level. On the 15-minute chart, weβve already seen an internal change of character and early signs of relief. If EURUSD is going to rebalance inefficiencies and deliver a more efficient auction, 1.1660 is key. Above that, 1.1760 becomes the next region to watch. #EURUSD #forex #SMC #PriceAction #SmartMoneyConcepts CHAPTERS 00:00 Critical Support Hit 00:19 Daily Time Frame Context 00:42 Weekly OTE Context 01:18 Daily Structure And External Low 03:04 Free SMC Strategy 03:23 4-Hour Channel Support 04:13 Why Shorts Are Off Here 06:07 Discount Vs Premium Rule 07:22 Imbalance Mitigation Plan 08:31 15-Minute Shift And Relief 10:05 Key Levels: 1.1660 And 1.1760 OTHER SMC LESSONS BoS and CHoCH made simple https://youtu.be/FE1bgD9N6DM Steal my liquidity sweep entry model (beginner-friendly) https://youtu.be/XH4TAoLCFBk Premium, discount, and OTE explained https://youtu.be/UWrvexqN3w8 Disclaimer: This video is for educational purposes only and is not financial advice. Trading forex, crypto, and other markets involves risk and may not be suitable for all investors. Always do your own research and never risk money you canβt afford to lose. I am not responsible for any losses you may incur from acting on the information in this video.
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