EUR/USD 1H Chart – Bullish Flag Breakout Setup
Price has formed a bullish consolidation after a strong impulse leg. I'm watching for a breakout above 1.13500 with confirmation to go long.
Entry: On breakout and retest above 1.13500
SL: Below 1.13200
TP: 1.14244
This aligns with my bullish bias as the 100 SMA is supporting price from below. Waiting for confirmation before entering.
Price has formed a bullish consolidation after a strong impulse leg. I'm watching for a breakout above 1.13500 with confirmation to go long.
Entry: On breakout and retest above 1.13500
SL: Below 1.13200
TP: 1.14244
This aligns with my bullish bias as the 100 SMA is supporting price from below. Waiting for confirmation before entering.
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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.