eurotether
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$EUR USDT – BREAKOUT ATTEMPT FROM CONSOLIDATION RANGE
SUPPORT HOLDS STRONG NEAR 1.1610 ZONE
PRICE AIMING TO RETEST SUPPLY AROUND 1.1662
$EUR USDT is forming a clean base above the 1.1610 support zone and has begun to push upward. The consolidation range has held well, with buyers defending the lower bound. A long position is clearly defined here with a tight stop and a favorable risk-to-reward targeting the 1.1662 resistance zone.
If price holds above 1.1629 and breaks out with momentum, this setup could yield a clean upside move toward the highlighted supply zone.
Trade Setup (30m Chart)
Entry: 1.1629
Stop Loss: 1.1619
Take Profit: 1.1662
Risk-to-Reward: ~3:1
Watch for breakout candle close above minor highs. Confirmation via bullish engulfing or volume surge will add confluence.
#EURUSDT #ForexSignals #BreakoutTrade #TradingViewSetup #EuroTether
SUPPORT HOLDS STRONG NEAR 1.1610 ZONE
PRICE AIMING TO RETEST SUPPLY AROUND 1.1662
$EUR USDT is forming a clean base above the 1.1610 support zone and has begun to push upward. The consolidation range has held well, with buyers defending the lower bound. A long position is clearly defined here with a tight stop and a favorable risk-to-reward targeting the 1.1662 resistance zone.
If price holds above 1.1629 and breaks out with momentum, this setup could yield a clean upside move toward the highlighted supply zone.
Trade Setup (30m Chart)
Entry: 1.1629
Stop Loss: 1.1619
Take Profit: 1.1662
Risk-to-Reward: ~3:1
Watch for breakout candle close above minor highs. Confirmation via bullish engulfing or volume surge will add confluence.
#EURUSDT #ForexSignals #BreakoutTrade #TradingViewSetup #EuroTether
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