EURUSD SELL SIGNAL – Major Resistance Rejection Zone

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EURUSD SELL SIGNAL – Major Resistance Rejection Zone EUR/USDOANDA:EURUSDPremiumTrader57 Pair: EURUSD Timeframe: 1-Hour Sell Entry Zone: 1.16100 – 1.16200 (Waiting for clear rejection + overbought RSI confirmation from this strong historical resistance) Key Reasons for the Sell Setup: Price approaching major multi-month resistance zone ~1.16100–1.16627 (previous highs + supply area) Chart shows repeated rejections at this level in the past Current structure remains bearish overall after the strong downtrend from higher levels Potential overbought RSI divergence / exhaustion if we reach this zone Clean target below in the demand area around 1.1440–1.1420 Stop Loss: Above resistance high ~1.16650–1.16700 (tight invalidation) Take Profit Targets: 1st TP: 1.15400 – 1.15200 2nd TP: 1.14800 3rd TP (extended): 1.14400 – 1.14200 (major demand/target zone marked) Wait patiently for proper candle rejection (pin bar, engulfing, etc.) + RSI confirmation before entry. No chase. This is NOT financial advice. Purely educational and for entertainment purposes only. Trade at your own risk — always use proper risk management. Markets can reverse unexpectedly. #EURUSD #Forex #SellSignal #Euro #TradingView #Resistance #ForexTrading #ShortEURUSD #RSI