EURUSD: Bullish Continuation Loading After PullbackEUR/USDOANDA:EURUSDEdgeTradingJourneyOver the past few weeks, EURUSD has shifted into a clear bullish structure after breaking out from the 1.14–1.15 accumulation zone. The impulsive move into the 1.18–1.19 higher timeframe supply confirms strong participation, but what we are seeing now is not weakness, it’s a controlled pullback. From a technical standpoint, price is currently trading inside a descending corrective channel, which I interpret as a classic continuation pattern rather than a reversal. As long as the market holds above the 1.15 demand zone, the overall structure remains bullish. Looking at institutional positioning through the COT data, non-commercial traders are still net long on the euro, with increasing long exposure and a reduction in shorts. This confirms that smart money is still positioned for further upside, and we are not yet in an overcrowded extreme. On the USD side, positioning is weakening, supporting the idea of continued dollar softness. This adds further confluence to the bullish EURUSD narrative. Retail sentiment adds another layer: around 70% of traders are currently short. This is typically a contrarian signal, suggesting that liquidity is building above current highs and that the market may be preparing for a continuation move to the upside. Seasonality also aligns with this view. April has historically shown a positive performance for EURUSD across multiple timeframes (10Y, 15Y, 20Y), reinforcing the bullish bias during this period. From a trading perspective, I am not interested in chasing price at current levels. Instead, I am watching for two key scenarios. The first is a liquidity sweep below the 1.1650 area followed by a lower timeframe shift in structure, which would provide a cleaner entry for continuation. The second scenario involves a deeper pullback into the 1.15–1.155 demand zone, where I would look for strong bullish confirmation before positioning.