EUR/USD 4H Chart Analysis – Bullish Setup
EUR/USD 4H Chart Analysis – Bullish Setup
Euro vs US Dollar VANTAGE:EURUSD
TradersJourneys
A new BUY signal has emerged on the EUR/USD chart, signaling potential upward movement.
- BUY Signal: Activated at 1.11227, indicating a possible reversal from the previous downtrend.
- TP Zone: The Take Profit zone lies between 1.11528 and 1.11758, offering a potential profit of 30 to 53 pips.
- Market Structure: Price is holding above key support levels, with recent price action suggesting a continuation of bullish momentum toward the TP zone.
Remember to manage your trades carefully and ensure this setup fits your overall strategy. Stay sharp and trade responsibly!
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