EURGBP Curved Support Breakout – Targeting Reversal ZoneEUR/GBPOANDA:EURGBPGoldMasterTrades🔍 Market Context & Structural Narrative (MMC Style) The EURGBP pair is currently displaying a textbook MMC structural evolution, transitioning from a bearish trend into a potential bullish leg driven by curve dynamics and trap-break logic. 🔨 Phase 1: Bearish Channel & Trap Formation The market initially moved within a clearly defined descending channel, which acted as a trap for reactive sellers. Each lower high and lower low within the channel created a perception of sustained bearishness, luring breakout traders and late sellers into short positions. ✅ Key Insight: This trap zone represents the first step in MMC logic — create a visible structure, generate bias, then prepare for inversion. 🌙 Phase 2: Curve Support – Psychological Accumulation Around the base of the channel, the market began forming a rounded bottom or curve support. This is a signature MMC accumulation pattern, where market makers gradually absorb sell orders and build long positions without triggering immediate attention. The curve support has the following implications: Represents passive accumulation. Suggests waning bearish pressure. Builds bullish pressure subtly, often missed by retail traders. 🧠 MMC Mindset Tip: Curved price action isn't just technical — it's psychological. It represents a controlled shift in sentiment, not an impulsive change, which is what makes it so powerful. 💥 Phase 3: Break of Structure (BOS) – Confirmation of Strength Price breaks out of both the descending channel and the curved base, leading to a Major Break of Structure (BOS). This BOS is critical, as it confirms the invalidity of the previous bearish narrative and activates a new bullish leg. 📌 This BOS is more than a line — it’s a wall of liquidity getting broken. Price has now closed above key swing highs, which suggests: Smart money is in control. Trend shift is validated. New demand zone created below. 🎯 Projection: The Path to the Next Reversal Zone (NRZ) Following the breakout, price is projected to: Possibly retest the breakout level (structure retest) aligned with the curve support — a healthy bullish pullback. Then move higher towards the Next Reversal Zone (NRZ), which is your defined target area. 📌 NRZ Insight: This zone is where the market is likely to face: High liquidity. Strong previous supply. Potential profit-taking by early bulls. Thus, this becomes the make-or-break zone — price either: Reverses sharply, Or breaks through and continues the bull rally. ⚠️ Multiple Scenarios Based on MMC Conditions ✅ Scenario 1: Retest & Bounce (Ideal MMC Setup) Price pulls back to retest the breakout level or the curve support. Shows bullish confirmation (e.g., pin bar, bullish engulfing). Targets the NRZ above 0.8700. ❌ Scenario 2: Failed Retest – Fakeout Trap Price breaks below the curve and structure again. Suggests that the BOS was a false breakout. Could re-enter the previous bearish channel structure. 🔄 Scenario 3: Direct Rally Without Retest Strong momentum buyers push price directly to NRZ. Wait for reaction at NRZ — could trigger a reversal or continuation depending on price behavior. 🧠 MMC Strategic Takeaways: Trap → Break → Shift is the psychological framework in play. The curve is not just support — it's evidence of silent accumulation. The NRZ isn’t just resistance — it's the battleground where MM logic resolves. 🔐 Trading Insights (Optional Entry Ideas): Entry: On bullish confirmation near 0.8660–0.8665 (curve/structure support). SL: Below curve base (e.g., 0.8640). TP: Near or slightly below NRZ (0.8700–0.8705), partial profits or full exit.