EURGBP trade A plus setup EUR/GBPOANDA:EURGBPInsidertrader489EUR/GBP – 1H Technical Outlook (Sell Setup) Pair: EUR/GBP Timeframe: 1 Hour (H1) Bias: Bearish The market has reacted from a well-defined supply / institutional resistance zone, where sellers stepped in aggressively. After printing a rejection, price started showing bearish momentum, indicating that buyers are losing strength. This setup offers a high-probability liquidity-based short opportunity if the bearish pressure continues. Trade Levels * Entry: 0.85695 * Stop Loss: 0.85740 * Take Profit: 0.85573 Why This Trade Makes Sense * Price tapped into the institutional supply zone (blue highlighted area) and faced immediate rejection. * The rejection candle suggests that liquidity above the recent highs has likely been swept before sellers entered. * The market is now trading below the supply zone, increasing the probability of further downside. * Risk is tightly controlled with the stop loss placed above the recent swing high and above the supply zone, allowing the trade room to breathe while protecting against a false breakout. * The target is positioned at the next key support/liquidity area where buyers may attempt to react. Key Technical Levels * Supply / Resistance Zone: 0.85710 – 0.85718 * Entry Level: 0.85695 * Stop Loss: 0.85740 * Intermediate Support: 0.85656 * Final Take Profit: 0.85573 Trade Management * If price breaks below 0.85656 with strong bearish momentum, the probability of reaching the take-profit level increases significantly. * Once price moves at least 1R in profit, consider moving the stop loss to break-even to eliminate risk. * Avoid adding to the position unless price provides another confirmed rejection from a key resistance or liquidity level. Overall Outlook: As long as price remains below the 0.85710–0.85718 supply zone, the bearish outlook remains valid. A sustained rejection from this area could trigger a continuation move toward 0.85573, making this a disciplined, liquidity-based A+ sell setup with a favourable risk-to-reward profile.