Euro / U.S. Dollar
Long
Updated

EUR/USD 1H Breakout Setup – Inverted Head & Shoulders Pattern !

217
EUR/USD BUY SETUP
Entry : 1.1360
Target 1 : 1.1450
Target 2 : 1.1550

📈 Trade Setup & Technical Analysis
EUR/USD a well-defined Inverted Head and Shoulders pattern, which often signals a trend reversal from bearish to bullish. Key observations:

Left Shoulder, Head, and Right Shoulder are clearly visible, forming between May 23 and June 3.

Neckline resistance (~1.13750) is being tested, with signs of a potential breakout.

Ichimoku Cloud shows early bullish crossover signs, offering additional confirmation.

A breakout above the neckline would confirm the bullish pattern and set the stage for upward movement toward:

Target Point 1: ~1.1450

Target Point 2: ~1.1530


Stop-loss can be logically placed below the right shoulder (~1.1330), maintaining favorable risk management.



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⚖️ Risk-Reward Ratio (Estimated):

Entry (on breakout): ~1.1375

Stop-Loss: ~1.1330

Target 1: ~1.1450 → Reward: ~75 pips / Risk: ~45 pips → R:R ≈ 1.67:1

Target 2: ~1.1530 → Reward: ~155 pips / Risk: ~45 pips → R:R ≈ 3.4:1



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📊 Summary:

This EUR/USD 1H trade setup is based on a classic bullish reversal pattern supported by Ichimoku signals and recent price action momentum. A confirmed neckline breakout provides an opportunity to enter with a well-defined stop-loss and dual profit targets, offering an attractive risk-to-reward profile.
Trade active
eurusd entry 1.1360
target point 1,1450
target point 2 1.1530
touch 1.1460 100+ pipa running wait for my last target

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