FVG + Fibonacci + Bullish Trend Channel TRIPLE THREAT!
📊 Trend Bias:
✅ Weekly: Bullish
✅ Daily: Bullish
✅ 4H: Bullish
All higher timeframes are aligned, giving strong confirmation for long continuation trades.
📉 Current Setup:
Price is in a healthy pullback phase after reaching 1.1787. The structure remains bullish, and we’re now watching for a potential re-entry within a key confluence zone.
🔁 Retracement Levels:
0.5 Fib: 1.1787
0.618 Fib: 1.1752
0.786 Fib: 1.1710
These levels align closely with prior structure and the lower bound of the rising trend channel.
📦 FVG Zones (Fair Value Gaps):
Multiple H4 FVGs exist between 1.1780 – 1.1710, suggesting this is a high-probability demand area where price may rebalance before continuing higher.
📐 Channel Support:
The ascending channel remains intact. Price is expected to respect the lower boundary and react within the Fib + FVG confluence zone.
🎯 Targets:
TP1: Reclaim high at 1.1850–1.1860
TP2: Extension toward 1.1930 (-0.27 Fib level)
📌 Summary:
EUR/USD remains in a strong uptrend. A pullback into the 1.1780–1.1710 zone—supported by Fib retracement, FVGs, and channel structure—presents a high-probability long entry for continuation toward new highs.
📊 Trend Bias:
✅ Weekly: Bullish
✅ Daily: Bullish
✅ 4H: Bullish
All higher timeframes are aligned, giving strong confirmation for long continuation trades.
📉 Current Setup:
Price is in a healthy pullback phase after reaching 1.1787. The structure remains bullish, and we’re now watching for a potential re-entry within a key confluence zone.
🔁 Retracement Levels:
0.5 Fib: 1.1787
0.618 Fib: 1.1752
0.786 Fib: 1.1710
These levels align closely with prior structure and the lower bound of the rising trend channel.
📦 FVG Zones (Fair Value Gaps):
Multiple H4 FVGs exist between 1.1780 – 1.1710, suggesting this is a high-probability demand area where price may rebalance before continuing higher.
📐 Channel Support:
The ascending channel remains intact. Price is expected to respect the lower boundary and react within the Fib + FVG confluence zone.
🎯 Targets:
TP1: Reclaim high at 1.1850–1.1860
TP2: Extension toward 1.1930 (-0.27 Fib level)
📌 Summary:
EUR/USD remains in a strong uptrend. A pullback into the 1.1780–1.1710 zone—supported by Fib retracement, FVGs, and channel structure—presents a high-probability long entry for continuation toward new highs.
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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.
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.