Bitcoin

technical analysis chart of the EUR/USD currency pair on the 1-h

151
technical analysis chart of the EUR/USD currency pair on the 1-hour timeframe. Here’s a breakdown of what’s visible:

Chart Setup:

The chart is for the Euro / U.S. Dollar (EUR/USD).

The current price at the time of the screenshot is around 1.13560.

The analysis includes three marked peaks (highlighted with orange circles), likely indicating a resistance zone or a head and shoulders pattern.

The lower red box represents a support zone or stop-loss area, with price levels marked between approximately 1.13305 and 1.13555.

The large green area with an upward zigzag arrow suggests a bullish projection, with a target area around 1.15426–1.15600.

Indicators:

No visible indicators are overlaid, suggesting a price-action-based analysis.

The analyst appears to anticipate a bullish reversal from the support zone.

Trading Idea:

Entry is near the current price level.

Stop-loss is set below the red zone (~1.13305).

Take-profit target is near the top of the green zone (~1.15600).

This gives a risk-reward ratio that favors long trades.

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.