EURUSD β Bearish Continuation SetupEuro vs. US DollarFX:EURUSDSHAY_ANALYTICSπ EURUSD β Bearish Continuation Setup π Market Overview EURUSD remains under bearish pressure after failing to break above a key resistance zone positioned beneath a descending trendline. The recent rebound lost momentum near resistance, showing that sellers continue to dominate the market. Price is trading below both the descending trendline and the Cloud, keeping the overall trend bearish. βΈ» π Market Structure Insight * Market Bias: Bearish * Momentum: Weak * Current Phase: Pullback rejection & bearish continuation As long as price remains below the highlighted resistance area, sellers are expected to maintain control. βΈ» π Trading Scenarios β Bearish Scenario (Primary Bias) Conditions: * Price remains below the resistance zone. * Descending trendline continues acting as resistance. * Lower highs continue to form. * Cloud remains bearish. Trade Plan: Look for sell opportunities after bearish confirmation from the resistance zone or trendline rejection. π― Target 1: 1.1200 π― Target 2: 1.1080 βΈ» β Bullish Invalidation Scenario Conditions: * Strong breakout above the resistance zone. * Daily close above the descending trendline. * Price closes above the Cloud and forms higher highs. Trade Plan: A confirmed breakout above resistance would invalidate the bearish outlook and could trigger a medium-term bullish recovery. π― Key Resistance Zone: 1.1540 β 1.1580 βΈ» π Key Levels to Monitor π΄ Immediate Resistance: 1.1540 π΄ Major Resistance: 1.1580 π’ Support Target 1: 1.1200 π’ Support Target 2: 1.1080 βΈ» β οΈ Trading Perspective The overall structure favors further downside as price remains below the descending trendline, resistance zone, and Cloud. Unless buyers reclaim the resistance area, rallies are likely to attract fresh selling pressure. βΈ» π§ Professional Insight This setup is supported by: * Descending trendline resistance * Resistance zone rejection * Bearish Cloud alignment * Lower-high market structure The highest-probability short opportunities usually appear after corrective pullbacks into resistance rather than selling after an extended bearish move. βΈ» π‘οΈ Risk Management * Risk only 1β2% per trade. * Place the stop loss above the resistance structure. * Wait for bearish confirmation before entering. * Avoid excessive leverage during volatile sessions. * Respect invalidation levels and always protect your capital.