EUR/USD 15-Minute Analysis: Breakout Opportunity
n the 15-minute time frame, EUR/USD is approaching a purple resistance zone. Here's my idea:
Entry Plan: If the price breaks out above the purple resistance with confirmation, it could provide a long entry opportunity.
First Target: The next resistance level in the pink zone.
Key Caution: Be mindful of the black line, where the Point of Control (POC) is located. This could act as a key level of reaction.
Monitor price action carefully as we approach these levels to confirm the breakout and validate the move.
Let me know your thoughts! 👍
Entry Plan: If the price breaks out above the purple resistance with confirmation, it could provide a long entry opportunity.
First Target: The next resistance level in the pink zone.
Key Caution: Be mindful of the black line, where the Point of Control (POC) is located. This could act as a key level of reaction.
Monitor price action carefully as we approach these levels to confirm the breakout and validate the move.
Let me know your thoughts! 👍
WiVERIDERS
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.
WiVERIDERS
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.