eur/usd 15mEuro/US DollarFX:EURUSDRich_trader01This chart is for the EUR/USD currency pair on the 30-minute timeframe. Here’s a breakdown of the technical analysis presented: Key Areas: 1. Register Zone (Resistance) – 1.14538 Marked in red, this is a strong resistance area where price previously reversed. It's the potential stop-loss zone for short trades. 2. 1st Setup (Entry Area) – 1.13991 A potential entry point for a short position. Aligned with a recent support-turned-resistance level. 3. Target Level (Support) – 1.13574 Marked in green, this is the take-profit zone for the short setup. Chart Insights: The chart shows a descending trendline, indicating lower highs—suggesting weakening bullish momentum. Two yellow circles highlight points of failed bullish continuation at the trendline, reinforcing bearish sentiment. The arrows suggest the expected movement: Price to reject at or below the trendline and move down toward the target level. If this move fails, a stop-out might occur near the register zone. Strategy Summary: Bias: Bearish (Short Setup) Entry: Around 1.13991 Stop Loss: Around 1.14538 (above the register zone) Take Profit: Around 1.13574 Would you like help with