Euro / U.S. Dollar
Long

EUR/USD..eurusd 4h chart pattern.

847
structured EUR/USD Buy Analysis based My levels:


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🟢 Buy Setup Analysis: EUR/USD

📌 Entry Point: 1.13600
🎯 Target 1: 1.15600 (200 pips)
🎯 Target 2: 1.17000 (340 pips)


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🔍 Technical Outlook

Trend:

The pair is in a potential bullish reversal or continuation phase.

Watch for confirmation with price action or breakout patterns around the 1.13600 area.


Support/Resistance Zones:

Support: 1.13200 – 1.13600

Resistance 1: 1.15500 – 1.15600

Resistance 2: 1.16800 – 1.17000


Indicators to Monitor (optional):

RSI: Look for a bullish divergence or a cross above 50.

Moving Averages: A golden cross (e.g., 50 MA crossing above 200 MA) supports the bullish case.

MACD: Bullish crossover would strengthen the entry thesis.



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🧠 Trade Management

Risk Management:

Suggested SL (stop loss): Around 1.12900 (70 pips below entry)

RR Ratio to Target 1: ~1:2.85

RR Ratio to Target 2: ~1:4.85


Partial Profit Strategy:

Consider taking partial profits at 1.15600

Move SL to break-even once price hits 1.15000+



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📈 Summary

Level Price Comment

Entry 1.13600 Buy entry level
Target 1 1.15600 Key resistance/test zone
Target 2 1.17000 Strong breakout target
Stop Loss ~1.12900 Below key support



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Let me know if you’d like a chart visual or a fundamental analysis perspective added.

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