EURUSD – Retracement into Higher-Timeframe Confluence-SHORT ideaEuro vs. US DollarFX:EURUSDAmirZaryEURUSD remains in a bearish market structure, with both the Daily and H4 charts trading below their respective 200 EMA, keeping the higher-timeframe bias to the downside. Rather than chasing price at current levels, my plan is to wait for a retracement into a high-confluence resistance area before looking for short opportunities. The area of interest is formed by the overlap of: Daily Supply H4 Fair Value Gap (FVG) Descending Daily Trendline This combination creates a premium zone where sellers may regain control. However, I am not planning to sell blindly from the zone. I will only consider a short position if price produces clear bearish confirmation within this confluence area, such as rejection, a bearish engulfing candle, or a market structure shift on the lower timeframe. If sellers step back in, my downside objectives are: TP1: H4 Demand Zone 1 (orange) TP2: H4 Demand Zone 2 (green) The reason for waiting is simple: although the higher-timeframe trend remains bearish, price is currently trading close to H4 support. Selling after an extended decline offers a poorer risk-to-reward profile than allowing the price to retrace into higher-probability supply. A decisive Daily close above the confluence zone (Daily Supply + H4 FVG + Daily Trendline) would weaken this bearish outlook and invalidate the setup. Summary Trend: Bearish (Daily & H4 below the 200 EMA) Strategy: Sell the retracement, not the current price Entry: Only after bearish confirmation inside the confluence zone TP1: H4 Demand Zone 1 TP2: H4 Demand Zone 2 Invalidation: Strong Daily close above the confluence zone I have a price alert set at the confluence zone. Once triggered, I'll monitor price action closely and only enter if bearish confirmation develops. No confirmation, no trade.