๐ EUR/USD H1 โ Bullish Setup Within Rising Channel
EUR/USD continues to trade within a rising channel structure, showing strong bullish momentum.
๐น Support Zone: 1.1365 โ Previous demand area with CHoCH and BOS confirmation
๐ธ Immediate Resistance: 1.1440โ1.1455 โ EQH zone, breakout may trigger bullish continuation
๐ฏ Target Area: 1.1500 โ 1.1520 โ Projected swing zone if resistance breaks
๐ก A breakout above 1.1455 with volume could open the door for a clean push toward 1.1500+.
๐ A drop back to 1.1365 may provide a re-entry opportunity if the structure remains intact.
Update coming soon! Drop your bias below โ Bullish or Bearish? ๐๐
EUR/USD continues to trade within a rising channel structure, showing strong bullish momentum.
๐น Support Zone: 1.1365 โ Previous demand area with CHoCH and BOS confirmation
๐ธ Immediate Resistance: 1.1440โ1.1455 โ EQH zone, breakout may trigger bullish continuation
๐ฏ Target Area: 1.1500 โ 1.1520 โ Projected swing zone if resistance breaks
๐ก A breakout above 1.1455 with volume could open the door for a clean push toward 1.1500+.
๐ A drop back to 1.1365 may provide a re-entry opportunity if the structure remains intact.
Update coming soon! Drop your bias below โ Bullish or Bearish? ๐๐
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Related publications
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.