EUR/USD Falling Wedge Breakout — Bullish Opportunity
Idea Description (House Rules Format):
A potential bullish breakout setup spotted on EUR/USD 1H chart. The price action has formed a falling wedge pattern, which typically signals a bullish reversal. A breakout from the wedge is in progress, suggesting a move toward the target zone around 1.18017.
Entry: 1.16937–1.17078
Stop Loss: 1.16500
Target: 1.18000
Risk Disclaimer: This is a personal analysis and not financial advice. Always do your own research and manage risk properly.
Idea Description (House Rules Format):
A potential bullish breakout setup spotted on EUR/USD 1H chart. The price action has formed a falling wedge pattern, which typically signals a bullish reversal. A breakout from the wedge is in progress, suggesting a move toward the target zone around 1.18017.
Entry: 1.16937–1.17078
Stop Loss: 1.16500
Target: 1.18000
Risk Disclaimer: This is a personal analysis and not financial advice. Always do your own research and manage risk properly.
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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.