121Euro/US DollarFX:EURUSDTradeChartPatternsLikeTheProsHello awesome traders! 👑✨ Let’s kick off the week with a EUR/USD 2-Hour chart — spotting a high-probability 121 Bearish reversal to ride lower. 🧠 Setup Breakdown Pattern Type: 121 Bearish Reversal X → A: Downtrend from 1.18297 → 1.17464 A → B: Retracement up to 1.18098 B → C: Drop to 1.17165 C → D: Leg up into 1.17899 completing the 121 PRZ / PCZ: Confluence of 78.6% & 100% of BC at 1.17663–1.17799 ✅ Why This Works Clean 121 structure with two distinct retracements Amplitude Symmetry: AB ≈ CD in price distance (~130 pips each) Horizontal resistance from the prior B-swing lines up with PCZ ⚔️ Entry & Risk Management Entry Zone: Short within 1.1766–1.1780 (PCZ) Stop-Loss: Above swing high D at 1.17899, 5–10 pips higher (~1.1805) Risk: ≤ 1–2 % of account per trade 🎯 Target Zones Target Zone 1: 78.6%–100% retracement of C→D → 1.17009–1.16767 Target Zone 2: 127.2%–161.8% extension of C→D → 1.16459–1.16067 🔍 Confirmation & Invalid Candlestick Rejection: Watch for bearish pin-bar or engulfing at PCZ Structure Break: Close back below C→D trendline adds conviction Invalidation: A decisive close above 1.1805 (above PCZ & D) negates the setup 💡 Keep It Simple: Pattern → Spot 121 Bearish PCZ → Wait for 78.6–100 % retracement of BC Trigger → Bearish price action at D Continuation → Ride the move into your Target Zones 🔔 Monitor ECB speak and risk-sentiment for broader catalysts. Wishing everyone a profitable week ahead — stay disciplined, manage risk, and let structure lead, not emotions! 🚀