Euro / U.S. Dollar
Long
Updated

ABC Bullish

149
Hello awesome traders, hope you're having a great week!
We’ve got a clean ABC bullish setup unfolding beautifully on EURUSD 4H:

🔶 Pattern: ABC Bullish
🕓 Timeframe: 4H
⚡️ Structure: AB=CD completion at 61.8% with PRZ confluence
📍 Entry Level: 1.15058 (confirmed breakout + retest)
🎯 Target 1: 1.16006 (AB=CD)
🎯 Target 2: 1.16561 (extended projection)
🛑 Invalidation: Below 1.13717 (D-point)

Technical Highlights:
✅ 61.8% retracement support at D
✅ 78.6% BC retracement
✅ Price bounced cleanly and is consolidating above EL
✅ Momentum build above structure, higher lows in play

📊 Watching for continuation toward 1.1600 and beyond if structure holds.

Trade smart, protect capital, and let the pattern do the work!

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