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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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Get Access To The Worlds Most Profitable Trading Indicators here: tinyurl.com/4d3389mc
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.