EUR/GBP - Bearish Rejection from Resistance

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This 4-hour chart of EUR/GBP indicates a potential sell opportunity following a rejection from a key resistance level.

Key Observations:
Resistance Level: Price is struggling to break above 0.84200, suggesting strong selling pressure.
Bearish Structure: The price action shows a rejection at resistance, forming a potential lower high.
Target Support: The next major support level is around 0.83448, followed by 0.82562 for further downside.
Trading Plan:
📉 Sell Entry: After price confirmation below 0.84000
🎯 Take Profit: First target at 0.83448, second target at 0.82562
🔴 Stop-Loss: Above 0.84300 to minimize risk

Technical Indicators to Watch:
✅ Bearish Candlestick Patterns confirming resistance rejection
✅ RSI Divergence or overbought conditions
✅ Break & Retest Confirmation before entering a short trade

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