EUR/USD (30M) – Waiting for a Breakout
Hi Traders ! ,The price is ranging between 1.04688 and 1.04819. I'm waiting for a clear breakout to enter:
Buy (long): If it breaks 1.04730 and confirms, it could target 1.04819 and then 1.05050.
RSI is currently at 52.73, showing neutral momentum. A push above 60 would strengthen a bullish setup.
Sell (short): If it drops below 1.04688, it could reach 1.04557 and 1.04400.
If RSI falls below 40, it would confirm bearish momentum.
I prefer to wait for confirmations before taking a position.
Disclaimer: This analysis is for educational and informational purposes only. It is not financial advice. Always do your own research and manage risk before making any trading decisions.
Buy (long): If it breaks 1.04730 and confirms, it could target 1.04819 and then 1.05050.
RSI is currently at 52.73, showing neutral momentum. A push above 60 would strengthen a bullish setup.
Sell (short): If it drops below 1.04688, it could reach 1.04557 and 1.04400.
If RSI falls below 40, it would confirm bearish momentum.
I prefer to wait for confirmations before taking a position.
Disclaimer: This analysis is for educational and informational purposes only. It is not financial advice. Always do your own research and manage risk before making any trading decisions.
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Get Access To The Worlds Most Profitable Trading Indicators here: tinyurl.com/4d3389mc
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.