EUR/USD on the 1-hour timeframe.Technical analysis check captain
Key Observations:
1. Support Zone:
The highlighted yellow-green zone represents a support area where buyers are expected to step in.
The price has touched this zone and is showing signs of a potential reversal.
2. Expected Move (Arrows):
The blue arrow suggests a potential short-term pullback before a rise.
The black arrow represents the main bullish move, indicating a possible rally toward higher levels.
3. Technical Analysis:
The pair is reacting to a previous support level, which could lead to a bullish bounce.
If the price holds above this zone, it may continue upward toward 1.04500 and beyond.
Conclusion:
This setup suggests a buy opportunity if the price confirms a reversal from the support zone.
Invalidation: If the price breaks below this support, the bullish outlook weakens.
Next Resistance: Around 1.04500 - 1.05000.
Are you planning to enter this trade, or waiting for further confirmation?
1. Support Zone:
The highlighted yellow-green zone represents a support area where buyers are expected to step in.
The price has touched this zone and is showing signs of a potential reversal.
2. Expected Move (Arrows):
The blue arrow suggests a potential short-term pullback before a rise.
The black arrow represents the main bullish move, indicating a possible rally toward higher levels.
3. Technical Analysis:
The pair is reacting to a previous support level, which could lead to a bullish bounce.
If the price holds above this zone, it may continue upward toward 1.04500 and beyond.
Conclusion:
This setup suggests a buy opportunity if the price confirms a reversal from the support zone.
Invalidation: If the price breaks below this support, the bullish outlook weakens.
Next Resistance: Around 1.04500 - 1.05000.
Are you planning to enter this trade, or waiting for further confirmation?
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.