Key Observations:
1. Chart Type & Pair:
• Currency Pair: Euro / U.S. Dollar (EUR/USD)
• Timeframe: 30 minutes (each candlestick = 30 mins)
2. Current Price:
• Around 1.13585, marked in red.
3. Trendlines:
• Red descending trendline: Suggests recent downward pressure.
• Black and dark trendlines: Likely longer-term trend channels.
4. Trade Setup:
• The chart shows a short (sell) trade setup:
• Entry zone: Around 1.13617 - 1.13684
• Take Profit (TP): Around 1.12649
• Stop Loss (SL): Around 1.14244
• This setup anticipates that after touching or approaching the red trendline, the price will reject and drop.
5. Purple Arrow:
• Indicates the expected price movement — a downward trend after a potential short-term bounce or test of resistance.
1. Chart Type & Pair:
• Currency Pair: Euro / U.S. Dollar (EUR/USD)
• Timeframe: 30 minutes (each candlestick = 30 mins)
2. Current Price:
• Around 1.13585, marked in red.
3. Trendlines:
• Red descending trendline: Suggests recent downward pressure.
• Black and dark trendlines: Likely longer-term trend channels.
4. Trade Setup:
• The chart shows a short (sell) trade setup:
• Entry zone: Around 1.13617 - 1.13684
• Take Profit (TP): Around 1.12649
• Stop Loss (SL): Around 1.14244
• This setup anticipates that after touching or approaching the red trendline, the price will reject and drop.
5. Purple Arrow:
• Indicates the expected price movement — a downward trend after a potential short-term bounce or test of resistance.
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✅ XAUUSD Gold
✅ BTC & other coins
✅ EURUSD
✅ USDJPY
✅ GBPUSD
✅ ETH USD
Telegram channel 👇👇
t.me/+crZRykT5XGsyYjFk
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.
World Best Signals Channel here 🤝
✅ XAUUSD Gold
✅ BTC & other coins
✅ EURUSD
✅ USDJPY
✅ GBPUSD
✅ ETH USD
Telegram channel 👇👇
t.me/+crZRykT5XGsyYjFk
✅ XAUUSD Gold
✅ BTC & other coins
✅ EURUSD
✅ USDJPY
✅ GBPUSD
✅ ETH USD
Telegram channel 👇👇
t.me/+crZRykT5XGsyYjFk
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.