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!
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!
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.
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.