Price has broken above the descending trendline and retested a key S/R zone around 1.3566–1.3584, forming a clean break-and-retest setup.
✅ Entry: 1.3584
🎯 Target: 1.3628
🛡️ SL: Below 1.3566
📈 Confluences:
• Trendline breakout
• Retest of structure
• EMA 20/50 bounce
• Higher lows on the 1H timeframe
Trade is currently active — managing risk and letting it play out. Let’s see if we get the continuation move toward resistance.
✅ Entry: 1.3584
🎯 Target: 1.3628
🛡️ SL: Below 1.3566
📈 Confluences:
• Trendline breakout
• Retest of structure
• EMA 20/50 bounce
• Higher lows on the 1H timeframe
Trade is currently active — managing risk and letting it play out. Let’s see if we get the continuation move toward resistance.
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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.
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.