Price has formed a strong bullish rejection from the 1.1310 support zone.
A sharp bullish candle indicates buyers have stepped in aggressively.
Current entry area is around 1.1363 – 1.1370.
The chart projection targets the resistance near 1.1440.
🎯 Trade Setup
Buy Entry: 1.1360 – 1.1370
Take Profit (TP): 1.1440
Stop Loss (SL): 1.1310
✅ Reasons for Buy
Strong support holding at 1.1310.
Bullish reversal candle from support.
Favorable risk-to-reward ratio.
Upside target aligns with previous resistance.
A sharp bullish candle indicates buyers have stepped in aggressively.
Current entry area is around 1.1363 – 1.1370.
The chart projection targets the resistance near 1.1440.
🎯 Trade Setup
Buy Entry: 1.1360 – 1.1370
Take Profit (TP): 1.1440
Stop Loss (SL): 1.1310
✅ Reasons for Buy
Strong support holding at 1.1310.
Bullish reversal candle from support.
Favorable risk-to-reward ratio.
Upside target aligns with previous resistance.
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.
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.