EUR/USD Analysis: High-Probability Sell Zones at 1.1540–1.1560 EUR/USDOANDA:EURUSDPremiumTrader57Key Observations from the Chart: Wedge Structure: Price has been oscillating inside an upward-sloping wedge (green shaded area) while the overall larger trend (dashed black line) remains bearish/downward. Failed Upside Attempt: The market tested the upper boundary of the wedge but couldn’t break out convincingly → rejection, which aligns with your comment about it being “risky to hold any type of trade” right now. Current Price: ~1.1410 (as shown). Range-Bound Behavior: Clear horizontal levels at ~1.1480, 1.1540–1.1560, and 1.1590–1.1600 acting as resistance zones. Your Highlighted Selling Zones (Valid Confluence): Fibo Golden Level (1.1540 – 1.1560) → Strong area. This often coincides with 0.618–0.786 retracement or golden pocket levels. Bearish Order Block (1.1590 – 1.15960) → Good supply zone, especially if it aligns with the upper wedge boundary and previous highs. These two zones make sense as high-probability sell areas if price reaches them with bearish confirmation (rejection candles, divergence, etc.).Current Market Structure: Bias: Neutral-to-bearish while inside the wedge. No clear breakout yet. Support: Near 1.1380–1.1400 (recent lows) and the lower wedge trendline. Resistance: Immediate 1.1480, then your mentioned 1.1540–1.1560 and 1.1590+. Best Approach Right Now: Wait for confirmation. As you said — avoid forcing trades in the middle of the wedge. Watch for a decisive breakout above the wedge (especially clearing 1.1480–1.1500 zone) → that would be your signal to look for sells at the higher zones you mentioned. If price breaks down instead and loses the lower wedge line + 1.1380, it opens the door for deeper downside. This is not a financial advice. DYOR! Trade at your own risk. This is only for educational purpose.