This chart shows the EUR/USD currency pair on a 1-hour timeframe. The price is currently around 1.13631, and the chart highlights a trading range with clear resistance near 1.14500 and support near 1.12600.
The green lines suggest a forecasted price action: the price might attempt to break higher but is expected to reverse and target the 1.12600 zone, which is marked as the main target area. The red shaded box shows a strong support zone aligning with this target.
Overall, this looks like a bearish setup after a potential false breakout or rejection from resistance. If you want, I can help break down the possible entry, stop-loss, and take-profit levels for this scenario — interested?
The green lines suggest a forecasted price action: the price might attempt to break higher but is expected to reverse and target the 1.12600 zone, which is marked as the main target area. The red shaded box shows a strong support zone aligning with this target.
Overall, this looks like a bearish setup after a potential false breakout or rejection from resistance. If you want, I can help break down the possible entry, stop-loss, and take-profit levels for this scenario — interested?
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.