Euro / U.S. Dollar
Long
Updated

"Trend Shift Incoming..

157
This is a EUR/USD (Euro to US Dollar) chart on the 30-minute timeframe from TradingView. Here’s a detailed description and breakdown of the elements in the chart:

1. Trend Overview:

The pair previously showed an uptrend (highlighted by the blue upward channel) leading up to the high of 1.15480.

After hitting that peak, it entered a downtrend, marked by the red descending trendline.


2. Key Levels:

Trade active
The trade is progressing well. EUR/USD has followed the expected path: bounce from support, breakout from the trendline, and rally to the first resistance zone around 1.1400. With 50% of the move complete, now is the time to manage risk, lock in gains, and prepare for the final leg toward 1.1450 if the breakout continues.

Disclaimer

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