EUR/USD Head and Shoulder pattern.

EUR/USD – 1H Chart Analysis (Summary)

The market has formed a Head and Shoulders pattern on the 1H timeframe, indicating a potential bearish reversal.

Price was rejected from the right shoulder / premium zone (POI), showing strong selling pressure.

The structure break to the downside suggests a shift from bullish to bearish momentum.

A pullback toward the neckline / POI area is possible before continuation lower.

Below current price, there is a clear Fair Value Gap (FVG) acting as a magnet for price.

If price fills the FVG and breaks below it, continuation toward the major support zone is likely.

Bearish targets lie toward the lower support area marked on the chart.

Invalidation: A strong break and close above the right-shoulder high would negate the bearish setup.

Bias: Bearish
Strategy idea: Sell on pullback to POI / resistance with confirmation
Risk management: Stop loss above the right shoulder high.