EUR/USD 4H Chart Analysis – Bullish Setup
A new BUY signal has emerged on the EUR/USD chart, signaling potential upward movement.
- BUY Signal: Activated at 1.11227, indicating a possible reversal from the previous downtrend.
- TP Zone: The Take Profit zone lies between 1.11528 and 1.11758, offering a potential profit of 30 to 53 pips.
- Market Structure: Price is holding above key support levels, with recent price action suggesting a continuation of bullish momentum toward the TP zone.
Remember to manage your trades carefully and ensure this setup fits your overall strategy. Stay sharp and trade responsibly!
- BUY Signal: Activated at 1.11227, indicating a possible reversal from the previous downtrend.
- TP Zone: The Take Profit zone lies between 1.11528 and 1.11758, offering a potential profit of 30 to 53 pips.
- Market Structure: Price is holding above key support levels, with recent price action suggesting a continuation of bullish momentum toward the TP zone.
Remember to manage your trades carefully and ensure this setup fits your overall strategy. Stay sharp and trade responsibly!
Trade closed: target reached
Great news! The BUY signal on EUR/USD triggered at 1.11227 has successfully hit all target levels.
TP Zone Reached: The price moved through the TP zone of 1.11528 to 1.11758, delivering a profit of 30 to 53 pips.
You can now choose to close your positions and secure the profit, or if you plan to hold, consider moving your stop-loss to protect gains. Always manage your risk effectively and trade smart!
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.
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.