EUR/USD 2H — BULLISH BREAKOUT & RETEST

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EUR/USD 2H — BULLISH BREAKOUT & RETESTEUR/USDOANDA:EURUSDKingProTraderMarket Structure EUR/USD has shifted into a bullish structure on the 2H chart. ✅ Bullish BOS confirmed ✅ Price holding above the 1.1550 structure level ✅ Rising trendline supporting higher lows ✅ Ichimoku cloud is acting as dynamic support ⚠️ A recent weak high around 1.1580 remains the first liquidity target The current structure favors buying the pullback rather than chasing the breakout. 🎯 Bullish Trade Plan Entry Zone: 1.1540 – 1.1555 Stop Loss: 1.1515 TP1: 1.1632 TP2: 1.1686 Approximate R:R from a 1.1550 entry: TP1 → 1:3.3 TP2 → 1:5.4 ⚡ Entry Confirmation Watch for price to pull back into the 1.1540–1.1555 support/confluence zone. Best confirmation would be: Liquidity sweep → bullish rejection → lower-timeframe BOS → continuation If price breaks and closes strongly below the rising trendline/cloud support, the bullish setup loses strength. 🧲 Liquidity Map Upside liquidity: 1.1580 — recent weak high 1.1632 — TP1 1.1686 — TP2 / major upside objective Support: 1.1550 1.1540 1.1515 — bullish invalidation area 🐂 Bullish Scenario A successful retest of 1.1540–1.1555, followed by bullish confirmation, could send EUR/USD toward 1.1632 first and potentially 1.1686. 🐻 Bearish Scenario A decisive 2H close below the 1.1515 area would weaken the bullish structure and signal that the breakout may have failed. 📌 Final Bias BULLISH 🟢 The key is not chasing the breakout — wait for the pullback and confirmation.