EUR/USD Buy Setup
The chart shows a bullish structure with a clear series of higher highs and higher lows. A support trendline is respected throughout the move, acting as a strong dynamic support. Multiple breaks of structure (BOS) and change of character (CHOCH) indicate bullish momentum.
A significant breakout occurred above the previous resistance, confirming buying pressure. The current price action suggests waiting for a retest of the breakout zone and trendline confluence for a potential buy entry.
The target is set at the previous swing high near 1.15924. The entry zone is clearly marked below the current market price, indicating an ideal buy area on retest. The chart suggests patience for entry confirmation after pullback.
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HERE IS THE SUGGESTED TAKE PROFIT (TP) LEVEL
TP: 1.15924
Trade active
Congratulations target reached 😇
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🟡 TELEGRAM CHANNEL:
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Free Signals With Technical Chart:
t.me/+JLFlD0eg3LFjNjU8
📞TELEGRAM ME
@t.me/daniel9145
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.