EURUSD 4H – Trendline Break Brewing, Bullish Expansion Next?

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EURUSD 4H – 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. --- πŸ” **Market Structure Insight:** β€’ Overall structure has been **bearish** (consistent lower highs) β€’ Recent price action formed a **strong base around 1.1440** β€’ We’re now seeing **higher lows forming β†’ early bullish pressure** β€’ Price is approaching a **descending trendline resistance** --- πŸ“Š **Key Zones to Watch:** β€’ **1.1600 – 1.1640** β†’ Immediate resistance zone β€’ **1.1790** β†’ Major higher timeframe resistance β€’ **1.1440** β†’ Strong support (recent demand zone) --- πŸš€ **Bullish Scenario (Primary Bias):** A confirmed breakout above the descending trendline + resistance could trigger continuation higher. ➑️ 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. --- πŸ“‰ **Bearish Scenario (Alternative):** If price fails to break and gets rejected: ➑️ Downside targets: β€’ **1.1500** β€’ **1.1440** (key support retest) Failure here would keep the broader downtrend intact. --- πŸ’‘ **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 --- πŸ“Œ **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) --- 🧠 **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 β€œviral” TradingView caption or add SMC concepts like liquidity grabs and BOS.