EURO/USD BREAKOUT AFTER CONSOLIDATION PRICE MAKE UPWORD MOVE

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A resistance zone is marked near the top (around the 1.13 - 1.14 range), which was previously a strong price ceiling.

A support zone is marked near the bottom, showing a level where price previously bounced back up.



2. Break of Structure (BOS):

A BOS label indicates a key price structure has been broken, suggesting a potential shift in market direction — in this case, likely a bullish breakout.



3. Rocket Icon and Target Area:

The rocket icon and green target box symbolize a bullish price projection, suggesting that price may continue upward.

The target zone is projected near 1.165547, hinting at a long/buy position expectation.



4. Fibonacci Level:

There's a Fibonacci extension or retracement level (0.786923566402819) drawn, likely helping define entries or confirmations.



5. Price Action:

The chart shows a strong bullish momentum with a recent breakout from consolidation.

A small consolidation or retest pattern is drawn within the green zone (above 1.13546), suggesting a bullish continuation after a potential retest.



6. Trade Setup:

The chart likely represents a buy setup, entering around 1.13546 after a pullback, with stop loss below the red zone and take profit near the green target zone.



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