Price is forming a temporary sideways consolidating structure bounded by support at 1.4144 & resistance at 1.4248, breakout can lead to the continuation of super bullish move which was started on 1st may 2026 and has already broken 2 significant highs 1.3967 & 1.4140.
At the confluence of bullish trendline and horizontal support (1.4158) a strong bullish push is expected.
According to the price structure on higher time frames outlook for, near to midterm is bullish (Please refer to the related publication for the reference), hence bullish trades should be preferred.
Summary: Breakout above 1.4248 will lead to continuation of the up-move. can plan for fresh entries.
For Educational Purposes only, Not an Investment Advice, Always use strict Risk management measures.
Regards CrazyTrades247.
At the confluence of bullish trendline and horizontal support (1.4158) a strong bullish push is expected.
According to the price structure on higher time frames outlook for, near to midterm is bullish (Please refer to the related publication for the reference), hence bullish trades should be preferred.
Summary: Breakout above 1.4248 will lead to continuation of the up-move. can plan for fresh entries.
For Educational Purposes only, Not an Investment Advice, Always use strict Risk management measures.
Regards CrazyTrades247.
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t.me/CrazyTrades247_FX_International
Connect us
+91-9238387447
crazytrades247@gmail.com
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.
Join Telegram Channels for more Trades ideas 🧿
🟢For Forex and International Commodities
t.me/CrazyTrades247_FX_International
Connect us
+91-9238387447
crazytrades247@gmail.com
🟢For Forex and International Commodities
t.me/CrazyTrades247_FX_International
Connect us
+91-9238387447
crazytrades247@gmail.com
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.
