This is a 4H chart of EUR/USD with multiple SMC annotations.

1. Chart Reading According to SMC

Structure Analysis:
• Major BOS: Confirmed bullish structure around April 10 after the rally from FVG.
• Minor BOS & OBs: Price formed lower highs and lower lows near the 1.1450–1.1500 zone.
• Major CHoCH (Change of Character): Marked clearly around the last day low, confirming shift
to bearish structure.
• Liquidity Sweeps: Price swept the daily low and reacted — indicating smart money
accumulation at a key level.

Key SMC Zones:
• OB (Bearish): 1.1380–1.1430 zone — price likely to reject here.
• OB (Bullish): ~1.1265–1.1300 (reacted twice).
• FVG: Older demand imbalance marked earlier in the rally (around 1.0940–1.1000).

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2. Marked Points in Chart
• Major BoS / CHoCH: Structural shifts defining directional bias.
• D1 TP (1.1300): A take-profit level around the midpoint of a larger daily leg.
• Last Day High / Low: Defined for internal liquidity targeting.
• OBs & Liquidity Zones: Precisely mapped for institutional activity clues.

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3. Swing High & Low of the Day
• Swing High: 1.13420 (Last day high zone).
• Swing Low: 1.12652 (Last day low, also tapped for liquidity sweep).

These are intraday reference points for short-term setups.

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4. Trade Direction
• Current HTF Bias: Bearish (post major CHoCH & OB rejections).
• However, price is currently reacting from a demand zone near 1.1265.
• Short-Term Direction: Bullish retracement toward 1.1340–1.1380, possibly to mitigate OB or
FVG.

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5. Best Risk-Reward Setup

Setup: Buy the retracement from demand (reactive long).
• Entry: 1.1270–1.1285 (OB demand + liquidity sweep)
• SL: Below 1.1260
• TP1: 1.1340 (last day high)
• TP2: 1.1380 (upper OB/fill FVG)
• RRR:
• TP1: ~1:3
• TP2: ~1:5

OR

Setup: Wait for price to reach OB at 1.1380, then go short.
• Entry: 1.1380–1.1400
• SL: 1.1430 (above OB)
• TP1: 1.1300 (internal structure)
• TP2: 1.1265 (retest demand)
• RRR: ~1:4

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6. Trade Setups for Multiple Timeframes

5-Minute Setup (Refined Entry within OB):
• Look for CHoCH or internal FVG near 1.1270–1.1285 (bullish confirmation).
• Entry after candle body closes above last bearish candle.
• SL: Below 1.1260
• TP: 1.1340 (intraday high).

1H Setup:
• Wait for price to retrace and form FVG or CHoCH inside 1.1265–1.1280.
• Enter long on bullish engulfing/OB mitigation.
• TP: 1.1340–1.1380
• SL: Below OB.

4H Setup:
• Trend is bearish, but bullish pullback expected.
• Either take the long into OB or wait to short at 1.1380.

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7. CRT Model Evaluation
• C – Context: Market just made a major CHoCH, but reacted from a demand OB with a liquidity
sweep.
• R – Retracement: Price is retracing into premium zones — near 50% of the daily range.
• T – Trend Continuation: Expect bearish continuation from the 1.1380 zone, unless price breaks
structure.

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Conclusion
• Short-Term Bias: Bullish retracement toward 1.1340–1.1380.
• Swing Bias: Bearish from OB rejections and structural breaks.
• Best Setup Now: Long from 1.1270–1.1280 → TP 1.1340–1.1380.
• Later Opportunity: Short from 1.1380 → TP back toward 1.1265.