Market Overview
Asset: Euro / U.S. Dollar (EUR/USD)
Timeframe: 4H (4-Hour Chart)
Current Price: 1.14070
2. Technical Structure & Pattern
The chart highlights a shift in market structure following a heavy downtrend:
Consolidation Zone: Price built a base inside the orange box, signaling that the downward momentum has stalled.
Key Support Level: A strong horizontal floor has been established at 1.13266, acting as the major demand zone.
RBS (Resistance Becomes Support): The upper boundary of the consolidation zone at 1.14352 is the key breakout level. Once broken, this old resistance is expected to flip into a new support level.
3. Tactical Setup & Growth Target
The chart maps out two potential bullish paths (red and purple arrows) stemming from this structure:
The Breakout Path (Red): A direct, aggressive drive straight up out of the current consolidation.
The Liquidity Sweep Path (Purple): A potential drop to test the 1.13266 Support Level to grab liquidity before a sharp reversal upward. It then projects a breakout past the 1.14352 line, followed by a retest (RBS confirmation) before flying.
The Target: Both paths point toward an extended upside target aiming near 1.16500 - 1.17000.
⚠️ Risk Note: The bullish bias holds as long as price respects the 1.13266 floor. A clean 4H candle close below this structural support invalidates the setup.
Asset: Euro / U.S. Dollar (EUR/USD)
Timeframe: 4H (4-Hour Chart)
Current Price: 1.14070
2. Technical Structure & Pattern
The chart highlights a shift in market structure following a heavy downtrend:
Consolidation Zone: Price built a base inside the orange box, signaling that the downward momentum has stalled.
Key Support Level: A strong horizontal floor has been established at 1.13266, acting as the major demand zone.
RBS (Resistance Becomes Support): The upper boundary of the consolidation zone at 1.14352 is the key breakout level. Once broken, this old resistance is expected to flip into a new support level.
3. Tactical Setup & Growth Target
The chart maps out two potential bullish paths (red and purple arrows) stemming from this structure:
The Breakout Path (Red): A direct, aggressive drive straight up out of the current consolidation.
The Liquidity Sweep Path (Purple): A potential drop to test the 1.13266 Support Level to grab liquidity before a sharp reversal upward. It then projects a breakout past the 1.14352 line, followed by a retest (RBS confirmation) before flying.
The Target: Both paths point toward an extended upside target aiming near 1.16500 - 1.17000.
⚠️ Risk Note: The bullish bias holds as long as price respects the 1.13266 floor. A clean 4H candle close below this structural support invalidates the setup.
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Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.