EURUSD 1H: Symmetrical Triangle Breakdown & SMC Short SetupEUR/USDOANDA:EURUSDCIPHERCHART Hey traders! Looking at the EURUSD 1-hour chart, we can see an interesting setup forming as the price consolidates within a clear Symmetrical Triangl pattern. Following the recent bearish structure and liquidity grabs, we are hunting for potential short opportunities. Here is the breakdown of the technical analysis: 🔍 Technical Breakdown Market Structure: After a clear Change of Character (CHoCH) and Break of Structure (BOS) to the downside, the price has been compressing inside a symmetrical triangle. Liquidity & FVG:Price recently swept the highs, mitigated the upper trendline, and left a small Fair Value Gap (FVG) on its way down. The overall momentum is shifting back to the bearish side. The Symmetrical Triangle: Price is currently hovering near the lower support line of the pattern around 1.14046. A clean break below this zone could trigger a sharp downside move. --- Trading Strategy & Execution We have two potential entry models for this bearish setup: Entry 1: Aggressive Short (Trendline Liquidity Sweep) Zone: Near the upper descending trendline around 1.14271 Trigger: If price bounces to test the upper trendline/FVG one more time before dropping. Entry 2: Conservative Short (Breakout & Retest) Zone: Around 1.14046 (Current support level). Trigger: Wait for a solid 1H candle body closure below the triangle support, followed by a breakout & retest of the minor support-turned-resistance zone (as indicated by the blue arrows). --- 🎯 Key Levels to Watch Invalidation / Stop Loss (SL): Above the recent swing high at 1.14650 (Safety above the triangle structure). Take Profit 1 (TP1): 1.13530 (Targeting the minor support level and the unmitigated daily FVG zone below). Take Profit 2 (TP2):1,13238 (Targeting the major swing low liquidity). What do you think about this setup? Are you looking to buy the support or wait for the breakdown retest? Let me know your thoughts in the comments below! 👇 Disclaimer: This is for educational purposes only and does not constitute financial advice. Always manage your risk properly!