Trade Idea
Duration: Intraday
Expires: 07/08/2025 06:00
Technical Overview
Key Technical Levels
Resistance: 0.8709 / 0.8731 / 0.8757
Support: 0.8697 / 0.8680 / 0.8660
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
- Type: Buy Limit
- Entry: 0.8695
- Target: 0.8757
- Stop Loss: 0.8674
Duration: Intraday
Expires: 07/08/2025 06:00
Technical Overview
- Morning Doji Star printed at the lows, signalling potential bullish reversal.
- Previous resistance at 0.8690 now acts as support; confluence with 20-period 4H EMA at 0.8694.
- Short-term bias remains positive; daily signals are bullish.
- Structure offers ample risk/reward to buy on a modest pullback toward support.
Key Technical Levels
Resistance: 0.8709 / 0.8731 / 0.8757
Support: 0.8697 / 0.8680 / 0.8660
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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.