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**📊 Detailed market structure:**
*The price forms **an ascending trend line (short-term bullish structure)**
* **Key horizontal support (~1.1690 area) is currently being tested**
* Weak upside momentum + frequent rejections from highs
This indicates that buyers are losing steam, and a breakdown could lead to a sharp sell-off**.
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**🎯 Trade Setup (Sell Bias):**
* **Entry zone:** 1.1680 – 1.1700 (test of current support)
* **Stop Loss:** Above 1.1800 (above resistance/structural high)
* **Profit making goals:**
*TP1: 1.1640 (minor support)
* TP2: 1.1520 (key support/liquidity area)
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**📉 Why this setting is powerful:**
*Support + trend line = **Main decision area**
*Multiple rejections = **Weak buyers**
*Probability** trend line break = momentum shift**
*CLEAN **RISK TO REWARD RATIO**
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**⚠️ Invalidation scenario:**
* Strong bullish bounce from support
* Breaking the resistance level 1.1800
* Continued highs
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**🧠 Smart Money Vision:**
This looks like a potential liquidity grab before continuing lower. Real movement often starts after support breaks – not before.
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**💬 Summary:**
If EURUSD falls below this area, we could see a strong move towards 1.1640 and perhaps 1.1520. This is a detailed, high-probability setup — wait for confirmation.
