📊 EUR/USD 2H Chart Analysis & Signal 📊
The pair has shown a strong bullish move but is now facing resistance around 1.04387, indicating a potential reversal. If the price fails to break this resistance, we anticipate a bearish correction towards the lower support zones.
Trade Setup:
🔹 Sell Zone: 1.04000 - 1.04387
🔹 Take Profit Targets:
TP1: 1.03292
TP2: 1.02674
TP3: 1.02200
🔹 Stop Loss: 1.04111 (Above resistance)
🔹 Entry Confirmation: Look for bearish rejections and candlestick confirmations before entering.
⚠️ Risk Management: Use proper lot sizes and follow break-even rules once in profit.
The pair has shown a strong bullish move but is now facing resistance around 1.04387, indicating a potential reversal. If the price fails to break this resistance, we anticipate a bearish correction towards the lower support zones.
Trade Setup:
🔹 Sell Zone: 1.04000 - 1.04387
🔹 Take Profit Targets:
TP1: 1.03292
TP2: 1.02674
TP3: 1.02200
🔹 Stop Loss: 1.04111 (Above resistance)
🔹 Entry Confirmation: Look for bearish rejections and candlestick confirmations before entering.
⚠️ Risk Management: Use proper lot sizes and follow break-even rules once in profit.
Trade active
Half Target Hit
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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.