EURUSDm, H1 — FVG + ORDER BLOCK RELATIONSHIP: Complete Chart Analysis 1. FVG + Order Block Relationship According to my chart, EURUSDm on H1 is showing a clear transition from an earlier bearish structure toward a developing bullish recovery after the sharp sell-side expansion. I can see that price initially moved down from the upper area around 1.16354 and gradually created lower highs and lower lows, confirming that sellers were controlling the earlier structure. During this decline, several impulsive bearish candles created displacement and visible FVG areas. The important point on my chart is that these FVGs are not appearing randomly; they are connected with strong momentum candles and nearby ORDER BLOCK areas. I therefore read the FVG as an imbalance created by aggressive movement, while the ORDER BLOCK represents an area where the previous institutional-style buying or selling pressure can be considered from the price action shown. In the upper portion, the ORDER BLOCK (SUPPLY) is positioned around the previous consolidation and rejection area, while lower down the ORDER BLOCK (DEMAND) is located around the area where the large bearish expansion eventually lost momentum. The relationship between these zones becomes important because price can react when it returns to an imbalance or an ORDER BLOCK. On my chart, the current recovery is moving upward from the lower demand region and is now approaching or interacting with previously important supply territory. This means the market is no longer behaving like the uninterrupted bearish movement visible at the beginning of the chart. I would therefore monitor how H1 candles behave around the marked FVG and ORDER BLOCK zones instead of assuming that every upward candle automatically confirms a complete bullish reversal. 2
. Final Outlook — Bullish Structure at Major Supply The FINAL OUTLOOK shown on my chart is based on the fact that price has recovered strongly from the lower region and has started producing a sequence of higher lows and higher highs on the right side. After the major downward displacement, price established a lower area and then began consolidating before pushing upward. I can see the bullish recovery gradually developing through several green candles, followed by smaller retracements that have not immediately destroyed the developing bullish sequence. This is important because the market structure on the right side is different from the structure on the left side. Earlier, sellers were repeatedly pushing price lower, whereas later buyers started defending the lower levels and lifting price toward 1.14856. However, my chart also clearly places a MAJOR SUPPLY area above the current price. Therefore, the bullish structure is moving directly into an important decision area rather than having unlimited room above. I would interpret this as a situation where bullish momentum needs confirmation through candle closes and structure rather than simply through a temporary wick above the zone. If H1 candles continue closing higher and establish acceptance above the marked supply, the bullish structure can gain additional confirmation. If price repeatedly rejects the supply zone, the same bullish movement can become a retracement into resistance rather than a complete trend reversal. The chart therefore presents a bullish developing structure but also highlights the importance of the supply reaction before considering the next major directional phase.
3. Bearish Rejection Scenario — Supply Reaction The BEARISH REJECTION SCENARIO on my chart becomes important because the upper ORDER BLOCK (SUPPLY) has already acted as a historical selling area. Price previously moved through a prolonged decline before forming the recovery visible on the right side, so this supply zone represents an area where sellers may again become active. I can see the supply zone positioned above the current consolidation and marked clearly as ORDER BLOCK (SUPPLY). If price reaches this area and produces long upper wicks, bearish engulfing candles, consecutive bearish H1 candles, or a failure to close above the supply boundary, that would visually strengthen the rejection scenario. I would then watch whether price starts forming a lower high below the supply area. A rejection by itself does not automatically establish a complete bearish reversal; the following structure would be more important. If sellers push price back down and break the latest meaningful higher low, the bullish recovery would become weaker on the H1 chart. The previously created FVG zones could then become areas where price retraces before another move lower. The chart therefore gives me a clearly defined bearish reaction area instead of requiring me to predict a reversal in advance. I would focus on the candle behavior inside the supply zone and the subsequent MSS rather than treating the mere touch of supply as a confirmed SELL signal.
4. Bullish Continuation Scenario — BOS Above Supply The BULLISH CONTINUATION SCENARIO on my chart depends mainly on BOS ABOVE SUPPLY. This is one of the most important structural conditions because the current bullish movement has to overcome the marked ORDER BLOCK (SUPPLY) before the upside structure can be considered stronger. I can see the bullish candles approaching the supply area after the sharp recovery from the lower demand region. If an H1 candle closes decisively above the relevant supply boundary, and subsequent candles maintain price above that broken structure, the chart would show a BOS rather than only a temporary liquidity sweep. After such a break, the former supply area can potentially become a support reference, while the nearby FVG may provide a retracement area. I would especially monitor whether price returns toward the broken supply and holds above it. A successful retest would give the bullish structure more internal confirmation because buyers would be demonstrating that the previously respected resistance has changed in its role. Conversely, a wick above supply followed by an immediate close back underneath would not provide the same structural confirmation. Therefore, BOS ABOVE SUPPLY is important because it separates a genuine continuation structure from a simple reaction inside a larger range. On my chart, the bullish scenario is consequently conditional on price proving acceptance above the marked supply rather than merely touching or briefly exceeding it.
5. Current Price Action — SELL SIDE LIQUIDITY (SSL) CURRENT PRICE ACTION around the SELL SIDE LIQUIDITY (SSL) is one of the most significant parts of the chart. I can see a very large bearish candle around 16 Sep that pushed price sharply downward from the previous consolidation area toward the lower region. This movement represents strong downside displacement and leaves a major structural reference behind it. After that aggressive decline, price did not continue falling with the same strength. Instead, the candles around the lower region became smaller and more balanced, followed by repeated attempts to stabilize and recover. This behavior makes the lower liquidity area important because the sharp drop appears to have interacted with the area containing sell-side liquidity before buyers began responding. I can see subsequent price action moving sideways and then upward from this lower region. The recovery suggests that sellers were no longer able to maintain the same downward momentum after the major expansion. However, I would still treat the SSL area as a historical liquidity reference rather than assuming it has permanently disappeared. If price revisits the lower region, the reaction there can tell me whether DEMAND remains active. If the lower zone continues to hold and price maintains higher lows, the bullish recovery structure remains visible. If price breaks the lower structure again with strong bearish displacement, the previous bullish recovery would require reassessment.
6. STRONG BULLISH MOVE — Momentum Expansion The STRONG BULLISH MOVE on the right side of my chart is particularly visible after price spends time near the lower levels. Instead of continuing the earlier gradual bearish progression, buyers begin producing stronger upward candles and progressively lift price from the lower area toward 1.14856. This is important because momentum expansion can change the short-term character of price action. I can see that the recovery is not simply one isolated green candle; it develops through multiple bullish candles and smaller pauses. These pauses are important because they show where price temporarily balanced before continuing higher. The strong bullish move also creates or interacts with FVG zones, which are marked on my chart in purple. These FVGs represent areas where the aggressive movement left relatively inefficient price delivery. If price retraces into such an area, I would observe whether buyers defend it or whether the gap is completely filled with bearish pressure. The momentum expansion should therefore be interpreted together with the FVG and ORDER BLOCK structure. A strong candle alone does not guarantee continuation, but a strong move followed by successful retracement behavior and another bullish structural break can provide stronger evidence. On my chart, the bullish momentum has clearly changed the immediate appearance of the market from the heavy selling visible earlier.
7. FVG — Fair Value Gap Zones The FVG — Fair Value Gap Zones shown on my chart provide several important reference points for understanding the movement. I can identify FVG markings around the earlier bearish displacement as well as newer FVG areas created during the bullish recovery. The upper-left FVG appears in connection with the earlier market movement, while the later purple FVG areas are connected with the recovery on the right side. I would treat these zones as potential retracement areas rather than automatic entry signals. When price moves aggressively, the distance between consecutive candles can leave an imbalance, and the chart marks these regions so I can monitor how price behaves when it returns. The important relationship is that an FVG located near an ORDER BLOCK can become more significant than an isolated FVG because both structures provide overlapping information. On the bullish side, if price retraces into the marked FVG and produces bullish rejection followed by continuation, that would support the existing recovery structure. If price completely moves through the FVG with strong bearish candles, the zone would be losing its immediate bullish relevance. Similarly, an FVG underneath the current price can act as a retracement reference during a bullish continuation. I therefore would not interpret every FVG as guaranteed support or resistance; I would use the candle reaction and market structure around the zone to determine whether buyers or sellers are actually defending it.
8. ORDER BLOCK (DEMAND) — Major Buying Zone The ORDER BLOCK (DEMAND) — Major Buying Zone is clearly visible in the lower portion of my chart, close to the area where the large bearish expansion reached its lowest region and price subsequently stabilized. This zone is important because after the aggressive decline, the market did not continue producing equally strong bearish displacement. Instead, price started consolidating and eventually moved upward. That behavior makes the DEMAND area a key reference for the developing recovery. If price returns into this zone, I would look for evidence that buyers are still defending it through rejection candles, bullish closes, or renewed momentum. The lower DEMAND area is also important for invalidating the bullish recovery. If price moves decisively through this zone and establishes bearish closes below it, the current bullish structure would become considerably weaker. On the other hand, repeated protection of the DEMAND area would indicate that buyers continue to find interest at lower prices. The chart therefore gives me a clearly defined region for judging whether the bullish recovery has a foundation. I would not consider the DEMAND zone permanently valid simply because it produced a previous reaction; its future relevance depends on how price behaves when it is revisited.
9. MSS — Break of Structure The MSS — Break of Structure shown on my chart is important because it marks the transition from one structural condition toward another. Earlier in the chart, the sequence is predominantly bearish, with price creating lower levels during the decline from the upper region. Later, after the sharp sell-side expansion and stabilization, price begins moving upward and starts challenging previous internal swing levels. The MSS therefore provides a structural reference for the change in short-term market behavior. I would pay attention to the candle close associated with the break rather than relying only on a wick. A wick can temporarily cross a level and then return, while a meaningful close beyond the structural reference gives stronger evidence that price has actually shifted. After MSS, the next task is to monitor whether buyers can maintain the higher-low structure. If they do, the bullish movement can continue developing toward the supply area. If the MSS is followed by an immediate bearish reversal and the newly created higher low is broken, the shift becomes weaker. Therefore, on my chart, MSS should be considered a transition signal within the overall structure rather than a standalone guarantee of a long-term trend reversal.
10. Major Supply and Historical Bearish Structure The major supply area remains one of the most important obstacles for the bullish movement. Looking across the chart, the earlier price action shows a clear decline from approximately the 1.16354 region toward the 1.153 area before the major expansion lower. During this decline, sellers repeatedly controlled the structure, creating successive downward movements and lower reaction highs. The marked ORDER BLOCK (SUPPLY) is positioned around one of these important reaction areas. This gives the zone historical relevance within the chart itself. When price returns toward such an area after a large decline, I would expect the candles to become particularly important because the market is revisiting a level where sellers previously demonstrated strength. The bullish recovery therefore needs to deal with this supply rather than simply continuing upward without resistance. If the supply produces repeated rejection, it can become the origin of another bearish leg. If buyers absorb the selling and establish BOS ABOVE SUPPLY, the previous bearish structure would be challenged. This is why I would keep the supply zone visible even while analyzing the bullish recovery. It represents the point where the chart can reveal whether the current upside movement is a deeper structural recovery or only a retracement inside the broader decline shown on the left.
11. Consolidation After Major Displacement The consolidation following the large bearish candle is another important feature of my chart. After the sharp downward expansion around 16 Sep, price enters a much narrower trading range around the lower region. Candles become comparatively smaller, and price moves sideways instead of immediately continuing the previous strong decline. This type of behavior indicates a temporary balance between buying and selling pressure within the displayed H1 structure. I can see several tests of the lower area followed by gradual recovery attempts. The fact that price remained within this region for a period before moving upward gives the lower area additional structural importance. During consolidation, I would avoid interpreting every small candle as a major directional signal because the market is repeatedly testing nearby levels. Instead, I would watch for the eventual displacement from the range. The later bullish expansion provides that directional information on the right side of my chart. If the market continues creating higher highs after leaving the consolidation, the range can become a base for the recovery. If price returns and breaks beneath the consolidation floor, the bullish interpretation would weaken. Therefore, the consolidation serves as a bridge between the strong bearish displacement and the later bullish structure.
12. Relationship Between SSL, DEMAND and FVG The relationship between SELL SIDE LIQUIDITY (SSL), ORDER BLOCK (DEMAND), and FVG is particularly useful on my chart because these structures appear around the same broad lower-price region. The major bearish expansion drives price down toward the lower liquidity area, after which price stabilizes around the DEMAND zone. The subsequent bullish movement creates an imbalance that is marked as an FVG above the lower base. This sequence gives me a structural chain: liquidity is taken or interacted with, price reaches a DEMAND area, buyers respond, and the bullish move creates FVGs during the expansion. I would therefore analyze these components together rather than separately. If a retracement returns to an FVG while remaining above the DEMAND zone, the bullish structure remains technically more organized. If price fills the FVG but holds the DEMAND area and produces another bullish reaction, the recovery can continue developing. However, if bearish momentum takes price through the FVG and then breaks the DEMAND structure, the sequence changes. This relationship helps me understand where the market is currently positioned within the displayed structure and provides clear reference points for monitoring future H1 candles.
13. Current Price Around 1.14856 The current price shown on my chart is around 1.14856, and its position is important because it is sitting above the lower DEMAND structure after the strong recovery. I can see that price has moved upward from the approximately 1.1470–1.1475 region and has returned toward the 1.14856 area. The candles around the current price are comparatively smaller than the earlier expansion candles, which suggests that price is currently moving through a more balanced area rather than displaying the same extreme momentum seen during the major bearish drop or later bullish expansion. I would therefore monitor whether price can establish sustained H1 closes above the nearby resistance references. A series of bullish closes with higher lows would keep the immediate recovery structure intact. Conversely, repeated upper wicks followed by bearish closes could indicate that sellers are becoming active around the current level. The exact reaction becomes more important because the current price is approaching the higher structural areas identified on the chart. I would use 1.14856 as a present reference from my chart rather than treating it as a permanent support or resistance level. Its significance will depend on subsequent candle closes, FVG interaction, and whether price continues toward or rejects from the larger ORDER BLOCK (SUPPLY).
14. Final Structural Reading — Bullish Continuation or Supply Reaction My final reading from this H1 chart is that EURUSDm has moved through a significant structural transition: the left side shows sustained bearish pressure, the middle shows major downside displacement and SELL SIDE LIQUIDITY interaction, while the right side shows stabilization followed by a developing bullish recovery. The ORDER BLOCK (DEMAND) has become the major lower reference, and the FVG zones provide retracement areas created by the subsequent momentum expansion. The current bullish structure is therefore visible, but the chart simultaneously shows a major ORDER BLOCK (SUPPLY) above it. I would separate the two scenarios clearly. In the bullish continuation scenario, I would look for BOS ABOVE SUPPLY, followed by sustained H1 acceptance above the broken area and potentially a successful retest of the previous supply region. In the bearish rejection scenario, I would look for rejection from supply, bearish candle confirmation, and eventually an MSS that breaks the developing higher-low structure. Until one of these structural conditions develops, I would consider the market to be in a decision phase between bullish recovery and supply reaction. The chart itself does not require me to predict the next candle; instead, it gives me defined areas where the next structural information should appear. For my analysis, the most important references remain ORDER BLOCK (SUPPLY), ORDER BLOCK (DEMAND), FVG, SSL, MSS, and BOS ABOVE SUPPLY. If buyers maintain the higher-low sequence and achieve a confirmed BOS above the major supply, the bullish structure shown on the right side receives additional structural confirmation. If supply rejects price and the recovery structure breaks, the chart would shift attention back toward the lower FVG, DEMAND, and SSL areas.
