EUR/USD 4hour chart pattern >>>

EURUSD SELL Trade Setup Based On My Input:

PAIR (EUR/USD)
ENTRY (1.1502)
TARGET 1 (1.1200)
TARGET 2 (1.1100)



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⚙️ Trade Setup

Bias: Bearish (Sell Setup)

Trigger: Price failed to sustain above the recent high and is showing signs of reversal from the resistance zone.

Chart Pattern: "Double Top" indicating a potential reversal.

Structure Break: If price breaks below the neckline area (~1.1430–1.1400), sharp decline may follow.



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📍 Entry Zone

Current Price: Around 1.1502

Entry Type: Market or on minor retest near 1.1500 – 1.1520 for better RR entry



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🎯 Target Zone

Primary Target (TP1): Around 1.1200 – 1.1220

Secondary Target (TP2): 1.1050 – 1.1100
(Based on support block marked on chart)



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🛑 Suggested Stop Loss

Stop Loss: Above recent high around 1.1560 – 1.1580 (Above red reversal arrow and Ichimoku rejection)



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📈 Risk-to-Reward Ratio

Let’s estimate:

Entry: 1.1500

Stop Loss: 1.1580 → Risk = 80 pips

Target 1: 1.1220 → Reward = 280 pips

Target 2: 1.1070 → Reward = 430 pips


✅ Reward:Risk (TP1): ~3.5 : 1
✅ Reward:Risk (TP2): ~5.3 : 1


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🧠 Trade Summary

This setup suggests a bearish reversal in EUR/USD from a strong resistance level, backed by a double-top formation and price rejection around Ichimoku cloud resistance. The trade targets a major support level and offers a high reward-to-risk opportunity for swing traders.