technical analysis chart of the EUR/USD currency pair on the 1-hour timeframe. Here’s a breakdown of what’s visible:
Chart Setup:
The chart is for the Euro / U.S. Dollar (EUR/USD).
The current price at the time of the screenshot is around 1.13560.
The analysis includes three marked peaks (highlighted with orange circles), likely indicating a resistance zone or a head and shoulders pattern.
The lower red box represents a support zone or stop-loss area, with price levels marked between approximately 1.13305 and 1.13555.
The large green area with an upward zigzag arrow suggests a bullish projection, with a target area around 1.15426–1.15600.
Indicators:
No visible indicators are overlaid, suggesting a price-action-based analysis.
The analyst appears to anticipate a bullish reversal from the support zone.
Trading Idea:
Entry is near the current price level.
Stop-loss is set below the red zone (~1.13305).
Take-profit target is near the top of the green zone (~1.15600).
This gives a risk-reward ratio that favors long trades.
Chart Setup:
The chart is for the Euro / U.S. Dollar (EUR/USD).
The current price at the time of the screenshot is around 1.13560.
The analysis includes three marked peaks (highlighted with orange circles), likely indicating a resistance zone or a head and shoulders pattern.
The lower red box represents a support zone or stop-loss area, with price levels marked between approximately 1.13305 and 1.13555.
The large green area with an upward zigzag arrow suggests a bullish projection, with a target area around 1.15426–1.15600.
Indicators:
No visible indicators are overlaid, suggesting a price-action-based analysis.
The analyst appears to anticipate a bullish reversal from the support zone.
Trading Idea:
Entry is near the current price level.
Stop-loss is set below the red zone (~1.13305).
Take-profit target is near the top of the green zone (~1.15600).
This gives a risk-reward ratio that favors long trades.
Fed up with random trades and no progress? I drop real setups that make sense — not hype. If you're serious about growing, hop into the Telegram group and let’s build something real.
t.me/+galBMpR4FpNiOGI8
t.me/+galBMpR4FpNiOGI8
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.
Fed up with random trades and no progress? I drop real setups that make sense — not hype. If you're serious about growing, hop into the Telegram group and let’s build something real.
t.me/+galBMpR4FpNiOGI8
t.me/+galBMpR4FpNiOGI8
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.