EUR/USD.1h chart pattern.

4 hari lalu

Based on My target EUR/USD 1H, the price has broken down from the ascending channel and formed a Double Top, confirming a bearish structure. Here's the analysis based on the marked zones:

Bearish Targets:

1. First Support / Target 1: Around 1.13500

This aligns with a previous structure level and is the first potential bounce zone.



2. Second Support / Target 2: Around 1.12000

This is a deeper support zone where price may head if the bearish momentum continues.




The structure also shows a clear CHoCH (Change of Character) which supports the downside bias.

Let me know if you want entry and stop-loss suggestions for this setup.

4 hari lalu

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kelmarin

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