EURUSD–Flag Breakout&Ascending Triangle Setup/Key Levels in Play

EURUSD on the 4H timeframe is showing a clean technical structure:
Flag Pattern completed with a breakout.
Ascending Triangle formation tested multiple times.
Price currently consolidating near 1.1670 around a demand zone.
Key Resistance Area: 1.1750 – 1.1800
Demand Zone: 1.1600 – 1.1550
Support Level: 1.1500
🔹 If price holds above the demand zone, a bullish continuation toward the resistance area looks likely.
🔹 A failure to hold support may lead to further downside.
Plan: Waiting for confirmation of breakout before entering. Manage risk carefully around key levels.
This idea is for educational purposes only, not financial advice.
Always apply risk management and trade with discipline.
Flag Pattern completed with a breakout.
Ascending Triangle formation tested multiple times.
Price currently consolidating near 1.1670 around a demand zone.
Key Resistance Area: 1.1750 – 1.1800
Demand Zone: 1.1600 – 1.1550
Support Level: 1.1500
🔹 If price holds above the demand zone, a bullish continuation toward the resistance area looks likely.
🔹 A failure to hold support may lead to further downside.
Plan: Waiting for confirmation of breakout before entering. Manage risk carefully around key levels.
This idea is for educational purposes only, not financial advice.
Always apply risk management and trade with discipline.
Trade ativo
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$ FOREX / GOLD / BTC | Real Trades,Real Result | Risk-managed strategiesn &VIP Signal {My Personal Entries} Join Telegram _ Trade smater ||
📬 Join Free Channel:
t.me/profitmagnetpro12
📬 Join Free Channel:
t.me/profitmagnetpro12
Publicações relacionadas
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.