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EURUSD TECHNICAL ANALYSIS TARGET WIN
This chart is a EUR/USD (Euro to US Dollar) 1-hour timeframe analysis published on TradingView. Here’s what it shows:
1. Support Zone (Green Highlighted Area) – The price bounced from a key support area, where buyers stepped in to push the price higher.
2. Bullish Move (Blue Arrow) – The price started an upward movement after reaching the support level.
3. Target Achieved (Black Arrow & Text) – The price hit the predefined target at 1.04749, confirming a successful trade setup.
4. Profit Confirmation (Checkmark & Green Label) – The label shows a price gain of 0.02983 (or 7.972M in volume), indicating a profitable trade.
This chart likely represents a trading idea where a long (buy) position was taken from the support zone, and the target was successfully reached.
1. Support Zone (Green Highlighted Area) – The price bounced from a key support area, where buyers stepped in to push the price higher.
2. Bullish Move (Blue Arrow) – The price started an upward movement after reaching the support level.
3. Target Achieved (Black Arrow & Text) – The price hit the predefined target at 1.04749, confirming a successful trade setup.
4. Profit Confirmation (Checkmark & Green Label) – The label shows a price gain of 0.02983 (or 7.972M in volume), indicating a profitable trade.
This chart likely represents a trading idea where a long (buy) position was taken from the support zone, and the target was successfully reached.
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