🔥 EUR/USD 4H CHART — POWERFUL BULLISH STRUCTURE UNFOLDING (April 29, 2025) 🔥
Technical Breakdown:
Ascending Triangle Formation: Price is respecting an upward-sloping support line, forming a bullish ascending triangle pattern — a strong continuation signal.
Support Zone: 1.13780–1.12900 highlighted in red — a key demand area to manage risk and add fresh entries.
Breakout Retest Play: Price bounced near mid-level support and is showing signs of rallying toward the top resistance.
Target Zone: The breakout target projected at 1.15771, aligning with the previous swing high.
BUY SIGNAL: ✅ Buy Now or on dips near 1.13780–1.13400 zone
🎯 Target: 1.15770+
🛑 Stop Loss: Below 1.12900
📌 Secure Trade Rule: Once 60–80+ pips in profit, shift to breakeven and let the trade run.
Summary:
EUR/USD showing clear bullish momentum within an ascending triangle. Strong structure, high probability breakout. Ideal buy setup with favorable risk-reward.
Technical Breakdown:
Ascending Triangle Formation: Price is respecting an upward-sloping support line, forming a bullish ascending triangle pattern — a strong continuation signal.
Support Zone: 1.13780–1.12900 highlighted in red — a key demand area to manage risk and add fresh entries.
Breakout Retest Play: Price bounced near mid-level support and is showing signs of rallying toward the top resistance.
Target Zone: The breakout target projected at 1.15771, aligning with the previous swing high.
BUY SIGNAL: ✅ Buy Now or on dips near 1.13780–1.13400 zone
🎯 Target: 1.15770+
🛑 Stop Loss: Below 1.12900
📌 Secure Trade Rule: Once 60–80+ pips in profit, shift to breakeven and let the trade run.
Summary:
EUR/USD showing clear bullish momentum within an ascending triangle. Strong structure, high probability breakout. Ideal buy setup with favorable risk-reward.
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Disclaimer
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