Euro / U.S. Dollar
Short

EUR/USD Chart Summary (Bearish Setup):

68
Trendline Break: A long-term bullish trendline has been broken.

Price below Ichimoku Cloud: Indicates bearish momentum.

Bearish Retest: Price pulled back to retest the broken trendline and is now forming a bearish continuation pattern.

Double Target Zones Identified:

1st Target Point: ~1.1329

2nd Target Point: ~1.1144




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🟠 Suggested Trade Setup:

🔹 Entry (Sell):
Around 1.1585 (where price is hovering now; or on a small pullback).

🔻 Take Profit (TP):

🎯 TP1: 1.1329 (short-term target)

🎯 TP2: 1.1144 (main target if bearish momentum continues)


🛑 Stop Loss (SL):
Place above the recent swing high or cloud resistance — around 1.1670



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📊 Risk-Reward:

TP1 = ~250 pips

TP2 = ~440 pips

SL = ~85 pips
This gives you a favorable risk-reward (1:3+ to TP

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