EUR/USD Bullish Reversal Trade SetupEUR/USDOANDA:EURUSDGOLD-MASTER-TRADESupport zone: ~1.1420 (bottom blue line) Current entry area: ~1.1450 Target/Resistance: ~1.1597 (top blue line) The blue risk/reward box suggests: Potential reward ≈ 145–150 pips Risk ≈ 25–30 pips Risk-to-reward roughly 5:1 Market Structure Analysis Strong bearish impulse Around June 18, price experienced a sharp selloff from ~1.1590 to ~1.1490. This indicates sellers were in control. Formation of support Price found support near 1.1420 (green arrow area). Multiple reactions from this level suggest buyers are defending it. Range/Accumulation Since the drop, price has been consolidating between: Support: 1.1420 Resistance: 1.1480–1.1500 Consolidation after a strong move often precedes another directional move. Bullish thesis Entry is near the lower end of the range. Stop is below established support. Target aims for the previous major resistance around 1.1597. What needs confirmation Before expecting a move to 1.1597, I'd want to see: ✅ Break above 1.1480–1.1500 resistance ✅ Higher highs and higher lows on the 30m chart ✅ Increased bullish momentum after the breakout