EURUSD H1 β€” Bullish Continuation Setup

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EURUSD H1 β€” Bullish Continuation Setup Euro/US DollarFX:EURUSDFrankAgboEURUSD is showing signs of building bullish pressure after breaking out of a descending trendline structure. The market has shifted from a clear downtrend into a consolidation phase, and now we’re watching for continuation toward higher liquidity zones. πŸ” **Key Observations:** β€’ Clean break of the descending trendline β†’ early trend shift signal β€’ Price holding above minor support (~1.1500 area) β€’ Formation of higher lows β†’ bullish structure developing β€’ Rejection wicks near support indicating buyer presence 🎯 **Bullish Scenario:** If price continues to hold above the 1.1480–1.1500 support zone, we can expect a move toward: β€’ 1.1640 (intermediate resistance) β€’ 1.1690 (key level / liquidity) β€’ 1.1820+ (major resistance target) πŸ“Š **Trade Idea:** β€’ **Entry:** Pullbacks into 1.1500–1.1520 zone β€’ **Stop Loss:** Below 1.1400 (structure invalidation) β€’ **Take Profit:** 1.1640 β†’ 1.1690 β†’ 1.1820 ⚠️ **Invalidation:** A strong break and close below 1.1480 would shift momentum back to bearish and open downside toward 1.1400. πŸ’‘ **Additional Confluence:** β€’ Trendline breakout retest potential β€’ Liquidity resting above recent highs β€’ Risk-reward favors upside continuation πŸ“Œ Patience is key here β€” wait for confirmation on lower timeframes before entry. What’s your bias on EURUSD this week β€” continuation or fakeout? πŸ‘‡