Price has now completed the deeper pullback to 2.22091, which was our lower-level support target. On the 4H chart, price is beginning to form support here, suggesting potential upside continuation.
If this level holds, I’ll be looking for staged buys from:
2.22091 (current support area)
2.23958 (previous key support/structure break)
2.24775 (resistance flip and clean structure)
Intraday target:
2.26228 — around 400 pips from the 2.22091 support area
Next steps: Wait for confirmation from current 4H candle. If support holds and bullish structure confirms, execute in layers toward 2.26228. If 2.22091 breaks, we reassess.
If this level holds, I’ll be looking for staged buys from:
2.22091 (current support area)
2.23958 (previous key support/structure break)
2.24775 (resistance flip and clean structure)
Intraday target:
2.26228 — around 400 pips from the 2.22091 support area
Next steps: Wait for confirmation from current 4H candle. If support holds and bullish structure confirms, execute in layers toward 2.26228. If 2.22091 breaks, we reassess.
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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.