Signal EURUSD Sell — H4 - June 4, 2026 18:07 GMT-4
The EURUSD H4 chart reveals a bullish trend with consecutive higher lows and highs, but the latest candle closes at 1.16129, a critical support level. Price has been consolidating near this area, with increased volume (19813) on the entry candle suggesting strong selling pressure. The consolidation phase indicates potential exhaustion of the uptrend, setting up a high-probability reversal. The recent close near 1.16129 acts as a key pivot, and a breakout below this level would validate the sell signal. Given the historical context of support breakdowns and the current volume dynamics, the market may extend lower toward the TP level,…