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.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.