EURUSD Bearish Trend Setup EUR/USDOANDA:EURUSDForexGenuisEURUSD on the weekly timeframe is following the bearish CRT narrative you mapped out perfectly from the May 3rd idea. Price rallied aggressively into the large premium zone inside the yellow box, which was already a major institutional supply area and long-term liquidity pool from previous highs. The market then delivered a classic Turtle Soup setup by briefly trading above the short-term highs to bait breakout buyers and collect buy-side liquidity before immediately failing back below resistance. That rejection confirmed smart money distribution rather than true bullish continuation. After the liquidity sweep, price started showing weakness with multiple failed attempts to sustain above the 0 equilibrium level, while structure slowly shifted bearish with internal breaks and rejection candles. Your idea of long-term selling became stronger once price rejected from the premium area and began respecting the bearish order flow beneath the Turtle Soup high. Now, as shown in the green box chart, the selloff has started delivering exactly as anticipated, with price rotating away from premium pricing and targeting lower discount levels around the 0.5 retracement and eventually deeper liquidity below. The overall picture suggests EURUSD completed a higher-timeframe liquidity engineering phase inside the yellow box, trapped late buyers through the Turtle Soup move, and is now transitioning into a sustained bearish expansion phase toward lower weekly liquidity targets.