EUR/GBP Stop Hunt Before Reversal? #ForexTrading #SmartMoney
Analysis:
The market executed a Stop Hunt on EUR/GBP before a sharp reversal. The sell order at 0.83287 was triggered, but price aggressively moved up, hitting the Stop Loss before dropping towards the Take Profit zone.
This movement aligns with liquidity grabs and Smart Money Concepts (SMC), where the market hunts retail traders' stops before the real move. Was this a classic Fakeout before a drop?
📉 Key Observations:
✅ Liquidity Hunt: Price took out stop orders above resistance.
✅ Stop Loss Triggered: Market structure shift before TP hit.
✅ Potential Reversal Zone: Watch for confirmation signs.
🔔 What’s Next?
Will the price retest the order block before another drop?
Smart Money might have engineered liquidity for a deeper push down.
💬 What do you think? Fakeout or true bullish breakout? Share your thoughts below! 👇
#PriceAction #LiquidityGrab #OrderBlock #StopHunt #FXTrader #TradingView
The market executed a Stop Hunt on EUR/GBP before a sharp reversal. The sell order at 0.83287 was triggered, but price aggressively moved up, hitting the Stop Loss before dropping towards the Take Profit zone.
This movement aligns with liquidity grabs and Smart Money Concepts (SMC), where the market hunts retail traders' stops before the real move. Was this a classic Fakeout before a drop?
📉 Key Observations:
✅ Liquidity Hunt: Price took out stop orders above resistance.
✅ Stop Loss Triggered: Market structure shift before TP hit.
✅ Potential Reversal Zone: Watch for confirmation signs.
🔔 What’s Next?
Will the price retest the order block before another drop?
Smart Money might have engineered liquidity for a deeper push down.
💬 What do you think? Fakeout or true bullish breakout? Share your thoughts below! 👇
#PriceAction #LiquidityGrab #OrderBlock #StopHunt #FXTrader #TradingView
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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.
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.