EURUSD TECHNICAL ANALYSIS TARGET WIN
This chart is a EUR/USD (Euro to US Dollar) 1-hour timeframe analysis published on TradingView. Here’s what it shows:
1. Support Zone (Green Highlighted Area) – The price bounced from a key support area, where buyers stepped in to push the price higher.
2. Bullish Move (Blue Arrow) – The price started an upward movement after reaching the support level.
3. Target Achieved (Black Arrow & Text) – The price hit the predefined target at 1.04749, confirming a successful trade setup.
4. Profit Confirmation (Checkmark & Green Label) – The label shows a price gain of 0.02983 (or 7.972M in volume), indicating a profitable trade.
This chart likely represents a trading idea where a long (buy) position was taken from the support zone, and the target was successfully reached.
1. Support Zone (Green Highlighted Area) – The price bounced from a key support area, where buyers stepped in to push the price higher.
2. Bullish Move (Blue Arrow) – The price started an upward movement after reaching the support level.
3. Target Achieved (Black Arrow & Text) – The price hit the predefined target at 1.04749, confirming a successful trade setup.
4. Profit Confirmation (Checkmark & Green Label) – The label shows a price gain of 0.02983 (or 7.972M in volume), indicating a profitable trade.
This chart likely represents a trading idea where a long (buy) position was taken from the support zone, and the target was successfully reached.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.