EUR/USD – 4H – SELL

On the EUR/USD 4-hour timeframe, a very strong bearish signal has been confirmed by a confluence of technical events. The primary trigger is a Trendline Break Down, which has been reinforced by multiple indicator retreats, including the DEMA, KAMA, MAMA PRICE, MIDPOINT, and MIDPRICE all retreating downward. This selling pressure is further validated by the STOCHF KD Cross Down and a breakdown below the lower Bollinger Band (BBANDS LOWER), indicating a move outside of normal price volatility to the downside.

The bearish alignment is extreme across the higher timeframes, with the 2-hour, 4-hour, and daily charts all showing very strong to extremely strong bearish trends. The 1-hour and 30-minute charts also support this direction with strong bearish trends. The nearest resistance level to the upside is identified at 1.16216. With no immediate support level provided, the current structure suggests a continued bearish bias as long as price remains below the broken trendline and the lower Bollinger Band.