EUR/USD at Key Resistance – Smart Money Reversal Setup

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EUR/USD at Key Resistance – Smart Money Reversal SetupEUR/USDOANDA:EURUSDAli_analyticsEUR/USD has rallied into a major resistance zone, where price is testing a high-probability Smart Money reversal area. πŸ“Š Technical Overview βœ… Price reached a strong Resistance Area βœ… Multiple Breaks of Structure (BOS) confirm recent market shifts βœ… CHoCH (Change of Character) highlights weakening bullish momentum βœ… Descending higher-timeframe trendline still favors sellers βœ… Looking for bearish confirmation before entering short positions πŸ“ Trade Plan Bias: Bearish πŸ“‰ Entry Zone: Wait for bearish rejection or a confirmed CHoCH from resistance. Targets: 🎯 TP1: 1.1400 🎯 TP2: 1.1365 (Support Area) 🎯 TP3: 1.1320 Invalidation: ❌ A strong H1 candle closing above the resistance zone would weaken the bearish outlook. Why This Setup Matters This idea combines: Smart Money Concepts (SMC) Break of Structure (BOS) Change of Character (CHoCH) Dynamic Trendline Resistance Horizontal Support & Resistance High-Risk-to-Reward Reversal Opportunity Patience is keyβ€”let price confirm the reversal before executing the trade.