EURUSD - Short

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EURUSD - ShortEuro/US DollarFX:EURUSDborschenkovitc📉 EURUSD — short from the channel boundary + confirmation via the FRL The price continues to move within a descending channel. Following a downward impulse, we saw a correction into the premium zone - towards the upper channel boundary and the horizontal resistance at 1.1660–1.1700. This is a key zone for looking to sell. Entry scenarios: 1️⃣ Aggressive (from level): Enter a short position from the channel resistance / 1.1660–1.1700 level Stop - above 1.1700–1.1720 (for liquidity) 2️⃣ Conservative (via FRL): Wait for a multi-peak formation on the FRL on lower timeframes (H1) - confirmation of buyer weakness - entry after a break of the local structure to the downside Targets: 1️⃣ Mid-channel 2️⃣ Lower boundary ~1.1380 3️⃣ If momentum builds - a break below the channel is possible Rationale: - downtrend - correction into the premium zone - confluence: channel + level - confirmation via FRL (multi-peak = liquidity pool) Alternative: If the price consolidates above 1.1700 and holds - the short scenario breaks down, the market enters a deeper correction.