EURUSD 1-HOUR CHART-Double Top Pattern With Bearish Breakout

5月23日

The chart displays a bearish setup on the EUR/USD 1-hour timeframe, driven by the formation of a double top pattern. The entry zone is identified just below the neckline break, around the 1.1290 to 1.1300 level, where bearish momentum gains strength following the pattern confirmation. A stop loss is strategically placed above the recent highs near 1.1350, which acts as a resistance zone and invalidates the pattern if breached. The trade setup targets two key levels: TP1 is positioned around 1.1150, offering a conservative exit point aligned with prior support, while TP2 is placed deeper at approximately 1.1060, targeting a full pattern extension and a stronger bearish continuation. This setup reflects a favorable risk-to-reward ratio, aligning technical confirmation with strategic trade management.

5月25日

交易進行

STOP LOSS HIT IN EURUSD WAIT FOR NEXT CHART