EUR/USD 4H chart, I can see an ascending trendline with a breakout to the upside, suggesting bullish momentum. You’ve also marked a "TARGET" zone visually on the chart.
Estimated Target:
Based on standard breakout and trend continuation principles:
Current Price: Around 1.1598
Visual Target Zone (as per your chart): Near 1.1700
Potential Target Zone:
1.1700 - 1.1720 (Approximate zone for bullish continuation if breakout holds)
Notes:
✅ Strong bullish structure confirmed by higher highs and trendline support
✅ Breakout already in motion; as long as price stays above the trendline, bullish target remains valid
✅ Watch key support at 1.1535 - 1.1500; price falling below this weakens bullish outlook
Would you like Fibonacci or measured move targets calculated more precisely? Let me know!
Estimated Target:
Based on standard breakout and trend continuation principles:
Current Price: Around 1.1598
Visual Target Zone (as per your chart): Near 1.1700
Potential Target Zone:
1.1700 - 1.1720 (Approximate zone for bullish continuation if breakout holds)
Notes:
✅ Strong bullish structure confirmed by higher highs and trendline support
✅ Breakout already in motion; as long as price stays above the trendline, bullish target remains valid
✅ Watch key support at 1.1535 - 1.1500; price falling below this weakens bullish outlook
Would you like Fibonacci or measured move targets calculated more precisely? Let me know!
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📲 Join telegram channel free ..
t.me/EU_USA_AND_CHAINA_TRADER
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
Gold Signal's with proper TP & SL for high profit ..
t.me/Gold_Analysis_Experiment
t.me/EU_USA_AND_CHAINA_TRADER
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
Gold Signal's with proper TP & SL for high profit ..
t.me/Gold_Analysis_Experiment
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.