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EUR/USD_SPT - EUR/USD

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EURUSD_SPT trade ideas

EUR/USD – Symmetrical Triangle Breakout & Bullish Continuation🔍 Overview The EUR/USD pair has presented a classic and high-probability trading setup based on a symmetrical triangle formation, which recently experienced a bullish breakout. This pattern has formed after a period of compression and consolidation, creating a coiled spring scenario. Technical traders often watch for such breakouts as they signal the resumption of momentum with clear entry, stop-loss, and target zones. This chart combines pattern recognition, key price action levels, psychological curve mapping, and structured trade planning. Let’s dive deeper into each component. 🧱 1. Chart Structure and Pattern Analysis 🔷 Symmetrical Triangle Formation A symmetrical triangle is a continuation pattern formed when price action contracts between two converging trendlines. This represents market indecision — both buyers and sellers are cautious, gradually narrowing the price range. In this setup, the triangle has been forming since May 11, 2025, with a visible tightening of price action. The chart shows well-respected upper and lower trendlines, confirmed with multiple touches on both sides. 🔼 Breakout Confirmation A breakout occurred from the triangle's upper boundary around May 19, with a strong bullish candle closing above the structure. Breakouts from symmetrical triangles often lead to sharp movements due to built-up pressure during the consolidation phase. The volume typically expands at breakout zones (although volume is not displayed, price behavior implies it). 🔁 Retesting Area Price may revisit the broken trendline (previous resistance → now support) for a retest before continuing higher. This "retesting area" provides an ideal entry for those who missed the initial breakout. Retests validate the breakout and confirm buyer strength. 🧱 2. Key Levels and Market Dynamics 🔻 Minor Resistance Zone (~1.13700–1.14100) This zone has previously acted as a supply area where sellers pushed price down multiple times. Price may hesitate or range within this area before breaking higher. If bulls maintain control, breaking through this resistance zone will add confirmation to the bullish momentum. 📈 Target Projection: 1.14662 The target is derived by measuring the height of the triangle and projecting it from the breakout point. It also aligns with a previous horizontal resistance level and psychological round number area. This zone could act as a medium-term profit-taking level for swing traders. 🧠 3. Black Mind Curve – Market Psychology in Play The "Black Mind Curve" is a representation of anticipated market sentiment and price flow. It reflects a wave-like journey post-breakout — early breakout, pullback, bullish continuation, minor consolidation, and final push toward the target. Such curves are used to forecast crowd behavior patterns, capturing how traders typically react post-breakout: 📌 Initial breakout ➜ Profit taking ➜ Retest ➜ Re-entry ➜ Final impulsive move. 🧮 4. Trading Strategy & Execution Plan ✅ Trade Setup Entry: Breakout Entry (already active) OR Retest Entry near the triangle’s upper boundary for conservative traders. Stop-Loss (SL) : Placed just below the triangle’s lower boundary at 1.11726. This level invalidates the breakout and prevents deeper drawdowns. Take-Profit (TP): Final target at 1.14662, offering excellent risk-to-reward potential. 📊 Risk-to-Reward Ratio: Depending on the entry (breakout or retest), the RR can range from 1:2.5 to 1:3.5, which is ideal for swing or short-term position traders. 📚 5. Educational Insight This pattern illustrates the importance of: Price compression zones (triangles and wedges) as precursors to momentum trades. Confirmation via breakout candles before entering high-conviction setups. Patience during retests, which allow re-entries with defined risk and improved pricing. Blending technical structure with psychological forecasting to stay aligned with market sentiment. 🔚 Conclusion EUR/USD is showing a technically sound and psychologically supportive setup for bullish continuation. The symmetrical triangle has broken with strength, and price is heading toward key resistance with momentum. If you're already long — consider holding until the target is hit or trailing stops to protect profits. If you're not in yet — watch for a retest to join the move with precision. 🔔 Always remember to manage risk effectively. No setup is guaranteed, but trading based on structure, confluence, and price behavior improves your edge
Long
by GoldMasterTrades
EUR/USD Outlook: Bullish Momentum Builds Toward 1.1270The EUR/USD pair continues its upward trend, trading around 1.1195, supported by a weakening US Dollar following softer-than-expected US inflation data for April. Headline CPI rose just 2.3% YoY—its lowest since February 2021—while core CPI held steady at 2.8%, matching forecasts. Additionally, Moody’s downgrade of the US credit rating from AAA to AA1 due to concerns over fiscal deficits and rising debt has further pressured the greenback—the USD Index dropped 0.6%. In the near term, EUR/USD is expected to extend gains if it breaks above the key resistance at 1.1270. However, risk remains if upcoming Federal Reserve speeches adopt a more hawkish tone, which could trigger a USD rebound. Market participants are also watching Germany’s Harmonized Index of Consumer Prices (HICP), set to be released later today, for fresh direction. 💡 Short-Term Trade Scenarios: BUY EURUSD: zone 1.11600 - 1.11450 SL: 1.11200 TP: 40 - 60 - 100pips
Long
by Mian-FXSignals
Lingrid | EURUSD possible REVERSAL Zone After CorrectionFX:EURUSD respected the support at the higher low and rebounded, holding the upward trendline. Price is currently compressing near the 1.114 zone after a sharp pullback from the resistance. If buyers maintain strength above the trendline, a continuation toward 1.1350 is likely in the coming sessions. 📌 Key Levels Support: 1.11429 Intermediate resistance: 1.12384 Target: 1.13500 ⚠️ Risks Failure to hold above the trendline may retest 1.114 Breakdown could expose the pair to 1.07389 Prolonged consolidation might weaken bullish momentum Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Long
by Lingrid
3
EUR/USD Set for Bullish Continuation: Key Levels to WatchEUR/USD shows strong bullish momentum across all timeframes, signaling a potential continuation rally. On the daily chart, the pair remains above key EMAs (55, 89, 200), with support near 1.1100 and resistance at 1.1228 and 1.1400. The RSI suggests consolidation, but overall structure favors the bulls. The hourly chart confirms a fresh bullish breakout above the 200 EMA at 1.1215, supported by increased volume and a rising RSI. Price action suggests a retest of the 1.1190–1.1215 zone as a buying opportunity. On the 15-minute chart, EUR/USD is overbought short-term, but momentum remains strong. A pullback into the 1.1190–1.1200 zone could offer low-risk scalping entries targeting 1.1225–1.1240. The week-ahead plan favors dip-buying strategies. Initial targets are 1.1250 and 1.1300, with stops below 1.1180. A close above 1.1228 on the daily chart would confirm room for broader upside. Manage risk with staggered entries and hard stops.
Long
by BlackCandleTrader
Euro H4 | Overlap resistance at 38.2% Fibonacci retracementThe Euro (EUR/USD) is rising towards an overlap resistance and could potentially reverse off this level to drop lower. Sell entry is at 1.1263 which is an overlap resistance that aligns with the 38.2% Fibonacci retracement. Stop loss is at 1.1395 which is a level that sits above the 61.8% Fibonacci retracement and a multi-swing-high resistance. Take profit is at 1.1081 which is an overlap support that aligns close to the 61.8% Fibonacci retracement. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (tradu.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (tradu.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Global LLC (tradu.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Short
by Tradu
EUR/USD is Loading a Breakout?!EUR/USD has posted an interesting bullish reaction following a controlled descent within a descending channel. After a brief break below a long-term ascending trendline, price established support within a clear demand zone between 1.1130 and 1.1170, closing the daily candle back above the key area. This structure suggests a possible phase of accumulation, especially given the presence of a strong lower wick and the defense of the highlighted yellow zone. Still, the pair remains within the descending channel, and the squeeze between the trendline and resistance at 1.1280 could become a decision zone. A daily close above 1.1280 would support bullish continuation and open the way to 1.1450. 🧠 Institutional Positioning (COT): Large speculators continue to favor the long side on the euro, with a noticeable increase in net long exposure. This confirms the accumulation narrative visible on the chart. Meanwhile, the USD shows a consistent decline in bullish positioning, adding weight to the case for a softer dollar — supportive of a potential EUR breakout. 📊 Retail Sentiment: Retail traders are slightly skewed to the short side (52% short), which is not extreme but does act as a contrarian input favoring bullish continuation — especially if the price breaks above dynamic resistance. 📅 Seasonality (May): Historically, May tends to be a weak-to-neutral month for EUR/USD over the 10–20Y horizon. However, recent years (last 2Y) show a bullish deviation from that trend, supporting the idea that any dips could offer opportunity rather than signal trend reversals. 🧭 Summary 📈 Directional Bias: Moderately Bullish ❌ Invalidation: Daily close below 1.1130 🎯 Target Levels: • Key Resistance: 1.1280 • Extension Zone: 1.1450 🧠 Key Takeaway: EUR/USD is showing early signs of bullish reversal within a still-constrained technical structure. Demand rejection, institutional long bias, and retail short pressure all align for a potential continuation higher. However, a confirmed breakout above 1.1280 is crucial to validate the scenario.
Long
by EdgeTradingJourney
7
EURUSD Could Start a New TrendEURUSD Could Start a New Trend EURUSD broke out the neckline of a large Head and Shoulders pattern, indicating that a bigger bearish wave may happen soon. The Head and shoulder pattern is a reversal formation that shows a possible change in trend. EURUSD on the other hand is not taking a clear direction yet but after Trump decided to take further steps related to tarffs the general picture for the USD improved a lot. EURUSD may decline more in the coming days to 1.1100, 1.1000 and 1.0900 You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️ Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Short
by KlejdiCuni
22
Bearish drop?The Fiber (EUR/USD) is rising towards the pivot and could drop to the 1st support. Pivot: 1.1281 1st Support: 1.1051 1st Resistance: 1.1424 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Short
by ICmarkets
EURO/USD low-risk, high-reward bearish entry at a key premium Key Markings and Zones 1. CHoCH (Change of Character) – Highlighted in the red-circled area on the left side of the chart, this indicates a potential shift in market structure from bearish to bullish. It marks the beginning of a bullish move. 2. BOS (Break of Structure) – A clear breakout above the previous high, signaling strong bullish momentum and confirming the shift in structure. 3. Resistance and Support Zones – Resistance: Marked in a rectangle near the top after BOS, showing where price faced selling pressure. Support: Plotted beneath current price action, acting as a base for recent bullish attempts. 4. FVG (Fair Value Gap) – A liquidity imbalance is visible in the middle-right section of the chart. Price is expected to return here before continuing the projected move. --- Trade Setup Entry Zone: Highlighted in a pink rectangle just below the resistance and within the FVG, indicating a potential short entry point after a minor bullish retracement. Target: Marked in a green rectangle, aiming toward the support zone around 1.09241, showing a bearish continuation expectation. Risk-Reward: Defined visually with the red (risk) and green (reward) areas—demonstrates a favorable setup with a clear target and stop-loss level. --- Professional Interpretation This chart exemplifies a smart money concept (SMC) approach: Market structure shift identified (CHoCH & BOS) Liquidity engineering (FVG) Supply and demand zones A low-risk, high-reward bearish entry at a key premium zone The trader anticipates price to retrace to the entry zone (possibly to fill the FVG), then continue downward toward the marked target after reacting to the resistance. ---
Short
by Johnson67
2