EURUSD: Intraday Analysis
Updated
Features of the Chart:
Short-Term Bullish Channel: Relatively sharp incline.
Mid-Term Channel: Almost range-bound.
Trend Line: Key support/resistance.
Trading Plan:
Confirmation to Buy: Wait for the break of the trend line and a move above 1.0856.
Entry Point: Enter long around 1.085, which is the cluster of:
Broken trend line
Midpoint of the long-term channel
Midpoint of the short-term channel
Note: This analysis is valid for intraday trading and may be influenced by upcoming economic news or significant market events. Adjust positions accordingly based on new information.
Note
Just Almost near TP.
Trade closed manually
Good profit close now!
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.