This is is a very simple setup. EUR/USD has been in a channel since February 2019 and it is represented by Yellow trend lines. It also has a nice Inverted hammer on the 4-hour chart.
You can look to take profit at the Previous low or at the bottom trend line. If you really want to push it then you can short it to the green trend line below it as that is a very strong trend holding since October 2017.