EURUSD - Short Setup at Major Resistance ZoneEUR/USDOANDA:EURUSDCIPHERCHARTHello Traders, based on the current market structure of EUR/USD on the H1 timeframe, we have a high-probability bearish setup with an attractive Risk-to-Reward ratio. 🔍 Technical Analysis (SMC Perspective) Market Structure: After bottoming out at the 1.1325 region, price delivered a strong recovery, printing bullish CHoCH and BOS internal structures. However, this upward momentum is now approaching a critical HTF supply zone. Key Interest Zone: Price is currently reacting to a major resistance zone around $1.1464 - $1.1472 (a previous swing high that initiated the bearish BOS/CHoCH). Confirmation Signal: A bearish FVG (Fair Value Gap) has formed just below the resistance area, indicating that aggressive sellers are stepping back into the market. 📉 Trading Plan We are looking to establish a Short position upon a retest of this supply zone. Entry: $1.1464 (Lower boundary of the H1 Order Block / Resistance) Stop Loss (SL): $1.1507 (Placed safely above the recent swing high) Take Profit (TP): $1.1360 (Targeting the sell-side liquidity resting just above the ascending trendline) 📊 Risk Management Metrics: Risk:Reward (R:R) Ratio: Approx. 1:2.4 Recommended Risk: 0.5% - 1% of your trading account. 💡 Tip trading: Be patient and wait for the price to mitigate the entry zone. Look for lower timeframe confirmation (M5/M15) such as rejection candles (Pinbar, Bearish Engulfing) to optimize your entry. If price invalidates and closes above 1.1507, this setup is void. Trade safe and have a profitable week! If you find this analysis helpful, please drop a Like and Follow for more updates. Disclaimer: This analysis is for educational purposes only and does not constitute financial advice.