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EUR/USD Multi-Timeframe analysis
H1 Chart (Bullish)
Target 1 at 1.21213 has been reached. We closed 50% of our position and have moved the stop loss at the lock-in-profits level at 1.21006 . Provided the market conditions will remain the same Target 2 will be reached soon.
Support & Resistance
1.20991 1.21469
1.20614 1.21590
1.20505 1.22205
H4 Chart (Strong Down)
The market is approaching the resistance at 1.21490 . We are waiting to see reversal signals in order to reinstate SHORT positions. Next important resistance is the 1.21808 level.
Support & Resistance
1.21224 1.21490
1.20505 1.21808
1.19853 1.22460
Daily Chart (Bullish)
The completion of a trend reversal formation at 1.21183 has forced us to close our position earlier than we had planned. Now we are looking for the next opportunity to enter the market.
Support & Resistance
1.19853 1.21490
1.19517 1.22456
1.18348 1.24093
Weekly Chart (Neutral)
The market is dominated by uncertainty. The occasionally prevailing trend lasts for a limited time and changes its direction too frequently. As long as the market remains unstable, we stay aside, waiting for the market to get back on track.
Support & Resistance
1.17034 1.21707
1.14955 1.23485
1.07772 1.27291
Quality: 80%
Strength: 90%
Trend: Strong up
EUR/USD Multi-Timeframe analysis
H1 Chart (Bullish)
Target 1 at 1.21213 has been reached. We closed 50% of our position and have moved the stop loss at the lock-in-profits level at 1.21006 . Provided the market conditions will remain the same Target 2 will be reached soon.
Support & Resistance
1.20991 1.21469
1.20614 1.21590
1.20505 1.22205
H4 Chart (Strong Down)
The market is approaching the resistance at 1.21490 . We are waiting to see reversal signals in order to reinstate SHORT positions. Next important resistance is the 1.21808 level.
Support & Resistance
1.21224 1.21490
1.20505 1.21808
1.19853 1.22460
Daily Chart (Bullish)
The completion of a trend reversal formation at 1.21183 has forced us to close our position earlier than we had planned. Now we are looking for the next opportunity to enter the market.
Support & Resistance
1.19853 1.21490
1.19517 1.22456
1.18348 1.24093
Weekly Chart (Neutral)
The market is dominated by uncertainty. The occasionally prevailing trend lasts for a limited time and changes its direction too frequently. As long as the market remains unstable, we stay aside, waiting for the market to get back on track.
Support & Resistance
1.17034 1.21707
1.14955 1.23485
1.07772 1.27291
Quality: 80%
Strength: 90%
Trend: Strong up
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.
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.