EURUSD on the 4H timeframe is showing a clean technical structure:
Flag Pattern completed with a breakout.
Ascending Triangle formation tested multiple times.
Price currently consolidating near 1.1670 around a demand zone.
Key Resistance Area: 1.1750 – 1.1800
Demand Zone: 1.1600 – 1.1550
Support Level: 1.1500
🔹 If price holds above the demand zone, a bullish continuation toward the resistance area looks likely.
🔹 A failure to hold support may lead to further downside.
Plan: Waiting for confirmation of breakout before entering. Manage risk carefully around key levels.
This idea is for educational purposes only, not financial advice.
Always apply risk management and trade with discipline.
Flag Pattern completed with a breakout.
Ascending Triangle formation tested multiple times.
Price currently consolidating near 1.1670 around a demand zone.
Key Resistance Area: 1.1750 – 1.1800
Demand Zone: 1.1600 – 1.1550
Support Level: 1.1500
🔹 If price holds above the demand zone, a bullish continuation toward the resistance area looks likely.
🔹 A failure to hold support may lead to further downside.
Plan: Waiting for confirmation of breakout before entering. Manage risk carefully around key levels.
This idea is for educational purposes only, not financial advice.
Always apply risk management and trade with discipline.
Trade active
Trade has been active ; Risk mange has properly
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$ FOREX / GOLD / BTC | Real Trades,Real Result | Risk-managed strategiesn &VIP Signal {My Personal Entries} Join Telegram _ Trade smater ||
📬 Join Free Channel:
t.me/profitmagnetpro12
📬 Join Free Channel:
t.me/profitmagnetpro12
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.