This chart shows the EUR/USD currency pair on a 1-hour timeframe. The price is currently around 1.13631, and the chart highlights a trading range with clear resistance near 1.14500 and support near 1.12600.
The green lines suggest a forecasted price action: the price might attempt to break higher but is expected to reverse and target the 1.12600 zone, which is marked as the main target area. The red shaded box shows a strong support zone aligning with this target.
Overall, this looks like a bearish setup after a potential false breakout or rejection from resistance. If you want, I can help break down the possible entry, stop-loss, and take-profit levels for this scenario — interested?
The green lines suggest a forecasted price action: the price might attempt to break higher but is expected to reverse and target the 1.12600 zone, which is marked as the main target area. The red shaded box shows a strong support zone aligning with this target.
Overall, this looks like a bearish setup after a potential false breakout or rejection from resistance. If you want, I can help break down the possible entry, stop-loss, and take-profit levels for this scenario — interested?
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💫Best Trading Team
✅GOLD
✅BTC
✅EURUSD
✅USDJPY
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t.me/Gold_Derive_Killer01
💫Best Trading Team
✅GOLD
✅BTC
✅EURUSD
✅USDJPY
TELEGRAM CHANNEL 👇🏻👇🏻👇🏻👇🏻👇🏻👇🏻
t.me/Gold_Derive_Killer01
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
XAUUSD GOLD + BTCUSD Daily 6-7 Free Signals📊🚀
💫Best Trading Team
✅GOLD
✅BTC
✅EURUSD
✅USDJPY
TELEGRAM CHANNEL 👇🏻👇🏻👇🏻👇🏻👇🏻👇🏻
t.me/Gold_Derive_Killer01
💫Best Trading Team
✅GOLD
✅BTC
✅EURUSD
✅USDJPY
TELEGRAM CHANNEL 👇🏻👇🏻👇🏻👇🏻👇🏻👇🏻
t.me/Gold_Derive_Killer01
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.