EURUSD is consolidating above the upward trendline after forming a triangle within the broader ascending channel. The recent pullback tested the 1.1444 support zone, with a rebound hinting at renewed bullish pressure. A push beyond 1.1620 could unlock upside toward the 1.1700 resistance mark.📈 Key Levels
- Buy zone: 1.1444–1.1470
- Sell trigger: breakdown below 1.1444
- Target: 1.16200
- Buy trigger: breakout above 1.1523 resistance
💡 Risks
- Triangle breakdown could shift the short-term bias bearish
- Failure to reclaim 1.1620 may stall bullish momentum
- A sharp drop below the black trendline would invalidate the structure
If this idea resonates with you or you have your own opinion, traders, hit the comments. I’m excited to read your thoughts!
Trade closed: target reached
Clean +165 pips
💰FREE FOREX signals in Telegram: bit.ly/3F4mrMi
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
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.
💰FREE FOREX signals in Telegram: bit.ly/3F4mrMi
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
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.