Shooting Star COT backed reversal play in EURUSDEuro/US DollarFX:EURUSDSchindy_1EUR/USD printed a shooting star and engulfing right at the key supply zone around 1.1768 following last week’s FOMC – a strong signal that a potential top might be in place. The move is not just technical, it’s backed by positioning data: EUR longs reduced (-3.4k contracts) USD longs added (+2.5k contracts) Smart Money is quietly shifting toward the Dollar. With Eurozone data on deck, the stage is set for a potential catalyst to accelerate the downside. Technically, the next significant demand zone sits at 1.1460. A level that has repeatedly attracted buyers in the past. Setup: Short bias remains valid below 1.18200 I take an entry on the current supply but would be ready to re-enter if we move into the supply above. 1.TP: 1.16500 2.TP: 1.16000 3.TP: 1.14600 SL: Above 1.1768