EUR/USD Prepares for a Move – Triangle Pattern in Focus

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EUR/USD Technical Analysis – 4H Chart

▪️Symmetrical Triangle Formation
The pair is currently consolidating within a symmetrical triangle pattern, suggesting a potential breakout scenario. Price action remains compressed between a well-defined resistance area (1.14500-1.14947) and a rising support level (1.13500-1.13700).

▪️Support & Resistance Zones

▫️Support Level: 1.13500-1.13700
▫️ Resistance Area: 1.14500-1.14947
▫️ Target Area on Breakout: 1.16272

▪️Breakout Expectation
If price breaks above the resistance zone, bullish momentum may extend toward the target area at 1.16272. A confirmed breakout with strong volume could signal trend continuation to the upside.

▪️Outlook
The structure favors bulls as long as the support level holds. Watch for a breakout above the resistance area to validate upward targets. A break below the triangle would invalidate the bullish setup.

▪️Bias: Bullish (on confirmed breakout)

🔹Community Insight:

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Giao dịch đang hoạt động

strong breakout,

12 thg 6

Ghi chú

it's running in good pips

12 thg 6

Ghi chú

perfect running upside

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Đóng lệnh: đạt mục tiêu

with 180 pips+