EURUSD 4H β Trendline Break Brewing, Bullish Expansion Next?Euro/US DollarFX:EURUSDFrankAgboEURUSD is showing early signs of a potential trend shift after respecting a long-term descending trendline. Price is now compressing just below resistance, hinting at a possible breakout scenario. --- π **Market Structure Insight:** β’ Overall structure has been **bearish** (consistent lower highs) β’ Recent price action formed a **strong base around 1.1440** β’ Weβre now seeing **higher lows forming β early bullish pressure** β’ Price is approaching a **descending trendline resistance** --- π **Key Zones to Watch:** β’ **1.1600 β 1.1640** β Immediate resistance zone β’ **1.1790** β Major higher timeframe resistance β’ **1.1440** β Strong support (recent demand zone) --- π **Bullish Scenario (Primary Bias):** A confirmed breakout above the descending trendline + resistance could trigger continuation higher. β‘οΈ Targets: β’ **1.1640** (first reaction zone) β’ **1.1700+** (momentum continuation) β’ **1.1790** (major target / liquidity zone) Momentum is building, and breakout traders will likely step in above resistance. --- π **Bearish Scenario (Alternative):** If price fails to break and gets rejected: β‘οΈ Downside targets: β’ **1.1500** β’ **1.1440** (key support retest) Failure here would keep the broader downtrend intact. --- π‘ **Trade Idea:** β’ Aggressive Entry: Breakout above trendline β’ Conservative Entry: Break & retest confirmation β’ Stop Loss: Below recent higher low (~1.1480) β’ Take Profit: 1.1640 β 1.1700 β 1.1790 --- π **Confluence Factors:** β’ Descending trendline resistance β’ Building bullish structure (higher lows) β’ Strong demand zone at 1.1440 β’ Compression below resistance (breakout setup) --- π§ **Summary:** EURUSD is transitioning from bearish pressure into a potential bullish phase. A clean breakout above the trendline could shift momentum and open the door for a strong upside move. --- If you want, I can also convert this into a shorter, more βviralβ TradingView caption or add SMC concepts like liquidity grabs and BOS.