Price is currently sitting just above the support line at 1.15590, which has acted as an important turning zone many times before.
This area is the key level I am watching for the next directional move.
For my approach, it’s very simple:
✨ My Breakout Plan
If price breaks below 1.15590 with a clean candle-body close, I expect EURUSD to extend further downward into the next Fibonacci extension zones.
These green dotted levels are my anticipation areas:
🎯 Target 1 (Fib 1.618): 1.15300
🎯 Target 2 (Fib 2.000): 1.15086
These targets are fully based on the Fib Extension tool, not random.
Once the support level is broken, price usually accelerates toward these extension levels, especially after such a long consolidation.
This is a simple breakout-style idea — no complications.
📘 Disclaimer
This is only my personal breakout approach and not financial advice.
This area is the key level I am watching for the next directional move.
For my approach, it’s very simple:
✨ My Breakout Plan
If price breaks below 1.15590 with a clean candle-body close, I expect EURUSD to extend further downward into the next Fibonacci extension zones.
These green dotted levels are my anticipation areas:
🎯 Target 1 (Fib 1.618): 1.15300
🎯 Target 2 (Fib 2.000): 1.15086
These targets are fully based on the Fib Extension tool, not random.
Once the support level is broken, price usually accelerates toward these extension levels, especially after such a long consolidation.
This is a simple breakout-style idea — no complications.
📘 Disclaimer
This is only my personal breakout approach and not financial advice.
Aviso legal
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.