EURAUD — Watchlist Only Possible VMS Setup

Structure: Established downtrend; current leg is a large pullback into a mapped resistance zone.
Candle: Bearish engulfing printed at the level.
VMS Read: Volume ~75, Momentum ~64 with bearish divergence vs. price.

What I’m watching next (4H):
• Continuation idea: If price rejects and holds below the engulfing low/mid, the chart favors downside continuation.
• Invalidation: A clean break-and-close above the resistance zone negates the bearish thesis.

This post is for educational review only—not a trade recommendation.

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