This is a technical analysis chart of the EUR/USD currency pair on the 30-minute timeframe. The chart outlines a potential short (sell) setup with clearly marked entry, stop-loss, and target levels.
Chart Breakdown:
Entry Zone: Highlighted, this zone is between approximately 1.09365 and 1.09367. This is where the trader expects the price to reach before reversing down.
Stop Loss: Placed at 1.09692, just above the entry zone. This level serves as protection if the market moves against the short position.
Initial Target: Marked at 1.08754. This is the first support area where the price might react.
Final Target: Set around 1.08225 – 1.08214. This represents the ultimate profit-taking zone for the short position.
Trade Projection: The chart includes projected price movement with expected pullbacks and a gradual descent toward the targets.
This setup suggests a bearish outlook after the price enters the "Entry Zone," aiming for a reversal and a downward move toward the final 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 Breakdown:
Entry Zone: Highlighted, this zone is between approximately 1.09365 and 1.09367. This is where the trader expects the price to reach before reversing down.
Stop Loss: Placed at 1.09692, just above the entry zone. This level serves as protection if the market moves against the short position.
Initial Target: Marked at 1.08754. This is the first support area where the price might react.
Final Target: Set around 1.08225 – 1.08214. This represents the ultimate profit-taking zone for the short position.
Trade Projection: The chart includes projected price movement with expected pullbacks and a gradual descent toward the targets.
This setup suggests a bearish outlook after the price enters the "Entry Zone," aiming for a reversal and a downward move toward the final 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: target reached
all targets hits 127+ pips booked.
enjoy your profits.
💰 *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.