EUR/USD Bearish Channel Break And Short Opportunity!

2 days ago

**📉 EUR/USD – Bearish Channel Break & Short Opportunity**

**Timeframe:** 4H
**Pair:** EUR/USD
**Date:** July 17, 2025

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**🔍 Technical Overview:**

EUR/USD has recently broken below a well-respected **ascending channel**, signaling a potential shift in market structure from bullish to bearish. The price also rejected the key support-turned-resistance zone near **1.1611**, confirming bearish pressure.

This setup suggests a likely continuation move to the downside, targeting the next key **demand zone**.

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**📌 Trade Setup:**

* **Entry Point:** Around **1.1611** – retest of the broken support level and channel bottom
* **Direction:** Short
* **Pattern:** Channel breakdown + bearish retest of prior support
* **Confirmation:** Price failed to reclaim the channel and closed below the resistance zone

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**🎯 Target:**

* **Target Level:** **1.1459** – This is a strong horizontal demand zone where price previously consolidated before moving higher. Expect potential reaction or bounce from this area.

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**📈 Trade Plan:**

* **Short Entry:** 1.1600–1.1611 zone (ideal on rejection wick or bearish confirmation candle)
* **Stop-Loss:** Above the recent high or channel (\~1.1665)
* **Take-Profit:** 1.1459
* **Risk-Reward:** Favorable with potential R\:R of \~2:1 depending on entry

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**⚠️ Key Notes:**

* The bearish structure is supported by a clean break and retest setup, adding confluence to the trade.
* Watch for U.S. Dollar strength (e.g. DXY upside moves) to support bearish EUR/USD continuation.
* Lower timeframe (1H) entries can be used for tighter stops if trading actively.

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**✅ Conclusion:**

EUR/USD has shifted from an uptrend to a bearish breakout structure. This trade idea focuses on capitalizing on the downside momentum with a clear entry and target based on price action zones. If the current bearish structure holds, a move toward 1.1459 is likely in the short term.

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2 days ago

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