EURUSD Bearish Structure || Reversal Pattern and EMA in Focus...

Hello Traders!
Here is a detailed analysis of GBPUSD that may help guide your trading decisions and support the community with structured, actionable insights.

Technical Highlights:
- Formation of a Head and Shoulders pattern at the top of the uptrend
- Breakdown of the ascending channel with momentum
- Development of a bearish flag and pole continuation pattern
- Breakdown of the flag structure confirms further downside pressure
- Price is currently retesting the broken flag area, taking support near the 200 EMA
- Waiting for a strong bearish candlestick on the retracement to confirm entry activation

Bearish Target Zones:
- Target 1: 1.1090
- Target 2: 1.0940
- Target 3: 1.0780

Each level aligns with previous structure and support areas on the higher timeframes.

Community Note:
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