Euro / U.S. Dollar
Long
Updated

BUY TREND started in EURUSD, Reversal pattern H&S formed....

πŸ“ˆ EURUSD Price Forecast πŸ“ˆ

EURUSD has formed an Inverted Head & Shoulders pattern at the bottom of the downtrend, signaling a potential reversal. The price is currently at 1.0305, near the neckline breakout level, and has already broken above the 200 EMA. With increased buying volume, buyers are showing strength, suggesting further bullish momentum ahead.

Once the neckline breakout is confirmed, the rally is expected to begin, targeting key supply zones and resistance levels.

🎯 Technical Target Levels:
- 1.0350 (Supply zone)
- 1.0380 (Resistance level)
- 1.0430 (Final target)

πŸ“Œ Key Highlights:
- Inverted Head & Shoulders pattern confirms potential trend reversal.
- Breakout above the 200 EMA supports bullish sentiment.
- Increased buying volume indicates strong buyer participation.
- Monitor the neckline breakout for signal activation.
βœ… Be Ready for the Move!

Like, comment, and follow for timely updates and forecasts.
Stay ahead in the market with our expert insights and signals! πŸš€
πŸ“’ Join the trading community for more actionable ideas and success!

#EURUSD #ForexTrading #TechnicalAnalysis #TradingSignals
Trade active
Market Insight:
Our first target for EURUSD has been successfully hitβ€”great job, everyone! 🎯

Now, the market has pulled back to retest the 50 EMA, which could set up a perfect opportunity for another move. We’re waiting for a strong bullish candle to confirm that the retracement has completed and the trend is ready to resume upwards. πŸ”₯

Action Plan:
Once we see that bullish confirmation, we’ll enter new trades targeting the next level of resistance. Stay patient and let the setup unfold!

More updates coming soonβ€”stay alert!
Note
Market Insight:
EURUSD is nearing a breakout at the neckline and currently consolidating around this key resistance level. This consolidation indicates strong buildup pressure, and in the upcoming days, we anticipate a breakout above the neckline resistance. πŸš€

Action Plan:
Keep a close eye on this level. Once the breakout is confirmed with strong bullish momentum, it could present a great opportunity for fresh entries targeting higher levels.

Stay alertβ€”updates will follow as the market progresses! πŸ“ˆ
Trade closed: target reached
Market Insight:
EURUSD successfully broke out of the neckline of the Head and Shoulders chart pattern, just as predicted! Following the breakout, the market hit our last target at 1.0430, delivering an incredible 120+ pips of profitβ€”amazing work, team! 🎯πŸ”₯

Key Highlights:
βœ… Perfect technical execution on the chart pattern.
βœ… Target levels hit with precision, reinforcing our strategy.

Action Plan:
Celebrate the win and stay tuned for the next setups. Always remember to lock in profits and manage trades wisely!

Congratulations on this fantastic trade! Let’s keep the momentum going! πŸš€

Disclaimer