Forex Chart Patterns • Price Action • Smart Money Concepts
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Forex Chart Patterns • Price Action • Smart Money Concepts
Turning charts into confidence, one pattern at a time
Free Daily Setups | Save • Learn • Trade
📊 #EURUSD Technical Analysis
📈 #TREND: Moderate Bullish
🔄 TRADE STRATEGY:
• Buy 65%
• Entry: 1.0963
• Stop Loss: 1.0880
• TP1: 1.1050
• TP2: 1.1150
• TP3: 1.1250
• Risk:Reward ratio: 1:2.5
💰 POSITION SIZING:
• $100 deposit: 0.01 lots
• $500 deposit: 0.05 lots
• $1000 deposit: 0.10 lots
🎯 KEY LEVELS:
• Support: 1.0900, 1.0850, 1.0680
• Resistance: 1.1000, 1.1150, 1.1200
🎲 MARKET CONDITIONS: 🟢🟢🟢🟡
The chart shows EURUSD trading at 1.0963 with price above both the 50 EMA and 9 SMA, indicating bullish momentum. RSI at 62.70 shows strength without being overbought. MACD is positive with slight convergence. Price recently pulled back from a high point and appears to be consolidating, with good potential for continued upward movement based on the overall uptrend since February.
⚠️ Not financial advice. Trade at your own risk.