Euro / U.S. Dollar
Long
Updated

EURUSD - Potential Buy

104
Hi Traders,

I feel good in BUYING EURUSD

Price Action analysis:
  • Weekly Timeframe: EURUSD has been in a strong uptrend since March 2025, creating higher highs and higher lows. After a brief pullback, last week's candle printed a long lower wick, signaling buying interest at the discounted price. This week, the market is showing signs of resuming the bullish trend, with price attempting to break back above the previous candle’s body. As long as price remains above the recent low, the weekly bias remains bullish, suggesting continuation toward the 1.15000–1.16000 region.
  • Daily Timeframe: Price recently pulled back into a known demand zone and has now formed a higher low. This area showed buyer activity, with bullish candles emerging and indicating the end of the retracement. The recent break above the prior minor high suggests that sellers have been overrun, and buyers are positioning for a continuation move in line with the weekly uptrend.
  • 4-Hour Timeframe: This chart confirms the transition in market control. Buyers stepped in around the 1.11200 level after a strong selloff, forming a clear higher low and breaking the last significant lower high. This break of structure marks the end of the previous bearish leg and confirms the buyer strength. Currently, price is trading above the retest zone (previous seller base), and the trade setup is active. If price continues to hold above this breakout level, a move toward 1.15700 is likely, aligning with the higher timeframe bullish direction.

Good Luck!
STUDEY, STUDY, STUDY. Lorenzo Tarati:)
Trade active
good luck

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