Here's a EUR/USD Renko Chart Trade Idea:
-Trade Setup (Bullish)
Pair: EUR/USD
Chart Type: 1H Renko (ATR 14, 0.002)
Current Price: 1.13200
Trend: Bullish continuation
Indicators: Uptrend support line, Ichimoku Cloud breakout
-Entry Point:
Buy: On minor pullback around 1.12800 - 1.13000
Reason: Price bounced from trendline support and broke through the Ichimoku Cloud, showing bullish strength.
-Target Zone:
TP1: 1.13800
TP2: 1.14500
Final Target (Marked): ~1.15000 (Strong resistance zone)
-Stop Loss:
Below trendline: Around 1.12200
-Analysis Notes:
The Renko pattern shows clear higher lows with an ascending trendline.
Ichimoku cloud breakout confirms bullish momentum.
Target area highlighted with a purple box near 1.15000 — this is a strong supply zone, consider partial profits before this level.
Trade with your own risk ‼️💲
-Trade Setup (Bullish)
Pair: EUR/USD
Chart Type: 1H Renko (ATR 14, 0.002)
Current Price: 1.13200
Trend: Bullish continuation
Indicators: Uptrend support line, Ichimoku Cloud breakout
-Entry Point:
Buy: On minor pullback around 1.12800 - 1.13000
Reason: Price bounced from trendline support and broke through the Ichimoku Cloud, showing bullish strength.
-Target Zone:
TP1: 1.13800
TP2: 1.14500
Final Target (Marked): ~1.15000 (Strong resistance zone)
-Stop Loss:
Below trendline: Around 1.12200
-Analysis Notes:
The Renko pattern shows clear higher lows with an ascending trendline.
Ichimoku cloud breakout confirms bullish momentum.
Target area highlighted with a purple box near 1.15000 — this is a strong supply zone, consider partial profits before this level.
Trade with your own risk ‼️💲
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✅JOIN FREE TELEGRAM
✅t.me/+atTT3a4htZ8yZjQ0
✅DAILY 3-4 SIGNALS
✅ALL PAIRS CRYPTO & GOLD
✅t.me/+atTT3a4htZ8yZjQ0
✅DAILY 3-4 SIGNALS
✅ALL PAIRS CRYPTO & GOLD
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.