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.
PAIR (EUR/USD)
ENTRY (1.1502)
TARGET 1 (1.1200)
TARGET 2 (1.1100)
---
⚙️ 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.
---
📍 Entry Zone
Current Price: Around 1.1502
Entry Type: Market or on minor retest near 1.1500 – 1.1520 for better RR entry
---
🎯 Target Zone
Primary Target (TP1): Around 1.1200 – 1.1220
Secondary Target (TP2): 1.1050 – 1.1100
(Based on support block marked on chart)
---
🛑 Suggested Stop Loss
Stop Loss: Above recent high around 1.1560 – 1.1580 (Above red reversal arrow and Ichimoku rejection)
---
📈 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
---
🧠 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.
t.me/Smart_Money_Flow_SMF
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Forex, Gold & crypto Signals with detailed Analysis .
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
t.me/Smart_Money_Flow_SMF
Forex, Gold & crypto Signals with detailed Analysis .
t.me/Smart_Money_Flow_SMF
Gold Signals With proper TP & SL
Forex, Gold & crypto Signals with detailed Analysis .
t.me/Smart_Money_Flow_SMF
Gold Signals With proper TP & SL
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.