This is a technical analysis chart of the EUR/USD currency pair on the 30-minute timeframe, showing a bullish trade setup.
Chart Overview:
Instrument: EUR/USD (Euro/US Dollar)
Timeframe: 30-minute (M30)
Trade Setup Details:
Entry Zone: Highlighted in area between 1.09272 and 1.09124.
This is the suggested zone where traders might consider entering long (buy) positions.
Stop Loss (SL): Marked at 1.09020
This is the level to limit loss if the price goes against the trade.
Targets (Take Profit Levels):
Initial Target: 1.09525
Target 2: 1.09787
Final Target: 1.10059
Projected Price Path:
The chart outlines two possible bullish price movement scenarios (zigzag lines) where:
The price first dips into the Entry Zone, triggering the trade.
Then, it bounces back upward toward each of the target levels in stages, potentially reaching the Final Target if bullish momentum continues.
Additional Notes:
The setup implies a bullish outlook for EUR/USD.
Risk-to-reward ratios look favorable with a clearly defined SL and multiple profit-taking levels.
The green shaded area represents the profit zone, increasing with each upward target.
ALWAYS USE STOPLOSS AND TAKE PROFIT AS WELL AS RISK MANAGEMENT FOR YOUR TRADES.
ITS JUST MY ANALYSIS OR PREDICTION LET'S SEE WHAT WILL HAPPEN IF YOU LIKE MY IDEA SO SUPPORT ME AND BOOST TO APPRECIATES.
Chart Overview:
Instrument: EUR/USD (Euro/US Dollar)
Timeframe: 30-minute (M30)
Trade Setup Details:
Entry Zone: Highlighted in area between 1.09272 and 1.09124.
This is the suggested zone where traders might consider entering long (buy) positions.
Stop Loss (SL): Marked at 1.09020
This is the level to limit loss if the price goes against the trade.
Targets (Take Profit Levels):
Initial Target: 1.09525
Target 2: 1.09787
Final Target: 1.10059
Projected Price Path:
The chart outlines two possible bullish price movement scenarios (zigzag lines) where:
The price first dips into the Entry Zone, triggering the trade.
Then, it bounces back upward toward each of the target levels in stages, potentially reaching the Final Target if bullish momentum continues.
Additional Notes:
The setup implies a bullish outlook for EUR/USD.
Risk-to-reward ratios look favorable with a clearly defined SL and multiple profit-taking levels.
The green shaded area represents the profit zone, increasing with each upward target.
ALWAYS USE STOPLOSS AND TAKE PROFIT AS WELL AS RISK MANAGEMENT FOR YOUR TRADES.
ITS JUST MY ANALYSIS OR PREDICTION LET'S SEE WHAT WILL HAPPEN IF YOU LIKE MY IDEA SO SUPPORT ME AND BOOST TO APPRECIATES.
Trade closed: stop reached
💰 *Bullion Buzz*: Where gold trading meets modern insights—stay ahead in the market with real-time trends and expert tips. ✨
t.me/bullionbuzz
t.me/bullionbuzz
Related publications
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.
💰 *Bullion Buzz*: Where gold trading meets modern insights—stay ahead in the market with real-time trends and expert tips. ✨
t.me/bullionbuzz
t.me/bullionbuzz
Related publications
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.