Here is EURUSD touching and rejecting the top line of a very old bearish channel with a pinbar kind of candle suggesting that the move corrective move upwards is over. As the general direction of the trend is down, it is likely to see another great fall. The TP here is the first TP and the price may very well get even lower than that. There's a 80 - 90 pip stop (which is not wide at all) providing a 3.5 risk/reward ratio.