Signal EURUSD Sell — H4 - June 4, 2026 14:05 GMT-4
The EURUSD H4 chart displays a clear bearish reversal setup following a prolonged bullish trend. Recent price action shows a consolidation phase within a descending channel, with the close at 1.16296 breaking below the key support level of 1.1630, signaling potential trend continuation. The entry at 1.16209 coincides with a low-volume candle (3302), suggesting a consolidation phase, but subsequent higher volumes (e.g., 1780084800: 9654) validate the bearish momentum. The price has formed a descending triangle pattern with multiple lower highs and higher lows, indicating a probable breakdown toward the target of 1.15368. The stop-loss at 1.16575 is placed above the…