SasanSeifi 💁‍♂️EUR/USD👉4H 1.062 / 1.068

Hey there! 😊
In the 4-hour time frame, as you can see, the price has been fluctuating within the FVG range with positive movements and is currently trading at around 1.059. A possible scenario to consider in the 4-hour time frame is as follows: the price may continue to rise after breaking out and confirming the important 1.062 resistance zone, with potential targets in the liquidity area around 1.063. Subsequently, after a minor correction and pullback, we might witness further price growth toward the 1.068 / 1.070 resistance level. To better understand the continuation of this price movement, it's essential to observe how the price reacts when it reaches the critical resistance level at 1.062.

Furthermore, if the price breaks below the 1.054 support level and consolidates, there is a possibility of a more substantial correction. Potential trends in the image above have also been illustrated.

✨What's your opinion? Do you agree?

🔵Remember, always conduct your own analysis and consider other factors before
making any trading decisions. Good luck!"✌️

❎ (DYOR)...⚠️⚜️

Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!
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Comment:

In the 4-hour time frame, as you can see, the price underwent a correction, and, keeping within the price range of 1.054, it faced buying demand, currently resting around 1.059. It has been emphasized in past analyses that maintaining the 1.054 range is crucial.

Analytically, the previous report remains valid, and the expectation is that the price might grow after the consolidation phase towards the liquidity zone of 1.062 / 1.063. Then, upon confirmation, we might witness a price correction. To better understand the continuation of the price movement, we need to observe how the price reacts when it approaches the supply area.

Additionally, if the price manages to establish itself above the resistance range of 1.063, you can consider price targets within the 1.068 / 1.070 price range.
🔵Remember, always conduct your own analysis and consider other factors before
making any trading decisions. Good luck!"✌️

❎ (DYOR)...⚠️⚜️

Comment:

TP 1.063 ✅

Trade closed: target reached:

TP ✅🔥1.068