EUR/USD – Breakout Confirmation
🔹 Multi-Timeframe Bullish Setup by PULSETRADESFX
EUR/USD is showing a strong bullish shift after breaking out of a well-defined descending channel. Price reacted perfectly from the demand zone and is now pushing above descending trendline resistance across the 2H chart.
This signals early signs of trend reversal, backed by confluence across intraday and higher timeframes.
The structure is clean, the R:R is healthy, and momentum favors bulls after multiple rejections at key support.
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✅ Confluences Supporting the Long:
Descending channel breakout (2H )
Triple demand zone rejection
Break and close above minor resistance
Clean bullish momentum candle
Economic catalysts ahead (watch USD data releases 📅)
📅 July 18, 2025
📊 FOREX.com | EUR/USD (2H)
#EURUSD #Forex #BreakoutTrade #BullishSetup #TechnicalAnalysis #TradingView #PULSETRADESFX
🔹 Multi-Timeframe Bullish Setup by PULSETRADESFX
EUR/USD is showing a strong bullish shift after breaking out of a well-defined descending channel. Price reacted perfectly from the demand zone and is now pushing above descending trendline resistance across the 2H chart.
This signals early signs of trend reversal, backed by confluence across intraday and higher timeframes.
The structure is clean, the R:R is healthy, and momentum favors bulls after multiple rejections at key support.
---
✅ Confluences Supporting the Long:
Descending channel breakout (2H )
Triple demand zone rejection
Break and close above minor resistance
Clean bullish momentum candle
Economic catalysts ahead (watch USD data releases 📅)
📅 July 18, 2025
📊 FOREX.com | EUR/USD (2H)
#EURUSD #Forex #BreakoutTrade #BullishSetup #TechnicalAnalysis #TradingView #PULSETRADESFX
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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.
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.