The chart displays a EUR/USD 4-hour (H4) candlestick chart with the following technical indicators and trade levels:
Buy Stop: 1.16983
Take Profit (TP): 1.17636
Stop Loss (SL): 1.16617
Indicators: Likely includes 50-period (yellow) and 200-period (red) moving averages.
Trend & Price Action
Trend Direction
Recent Move: There’s been a strong bullish reversal after a sharp decline, as evidenced by the V-shaped price action in the middle of the chart.
Current Structure: Price is trading above the yellow (short-term MA) and red (long-term MA) lines, confirming short-term bullish momentum.
Moving Averages: The yellow MA (likely 50-period) has crossed above the red MA (200-period), suggesting a potential bullish “Golden Cross”—a classic bullish signal, especially on higher time frames like H4.
Momentum
The most recent candles are bullish, moving towards the Buy Stop level, indicating growing upward momentum.
The consolidation just below the Buy Stop trigger also signals price accumulation and potential for a breakout.
Trade Setup
Buy Stop Order @ 1.16983
Justification: Placed above the local consolidation/resistance. This lets you enter on confirmed bullish breakout, avoiding false starts.
Take Profit (TP) @ 1.17636
Justification: Positioned near the next significant resistance level, as shown by recent swing highs.
Stop Loss (SL) @ 1.16617
Justification: Placed below recent consolidation/support and below both moving averages, reducing whipsaw risk.
Risk/Reward Assessment
Entry to TP: ~65 pips
Entry to SL: ~36 pips
Risk-to-Reward: Approximately 1:1.8, providing a favorable ratio.
Key Technical Insights
Bullish Confirmation: A break above 1.16983 could trigger further bullish momentum as trapped shorts cover and technical buyers step in.
Support/Resistance: The tight range and confluence of moving averages suggest strong support just below entry.
Golden Cross: The MA crossover supports the potential for a sustained upward move if triggered.
Fundamental Factors to Watch
Economic data from Eurozone and US, especially inflation and employment reports.
ECB and Fed policy outlook—rate expectations may sharply move EUR/USD.
Geopolitical news, which can rapidly affect risk appetite.
Summary Table
Indicator
Value
Comment
Buy Stop
1.16983
Entry on breakout confirmation
Take Profit (TP)
1.17636
Resistance target
Stop Loss (SL)
1.16617
Below recent support/MA cluster
Risk-Reward Ratio
~1:1.8
Positive
Trend
Bullish
MA crossover supports up move
Conclusion & Trading Plan
If price breaks 1.16983, go long with SL at 1.16617 and TP at 1.17636.
Maintain risk management and watch for major news and volatility.
If the breakout fails, don’t chase—wait for new setup confirmation.
Recommended Lot Size
Trading is all about statistics.
While we can experience winning streaks, we can also suffer from losing streaks.
For all clients who open their first real account, these brokers offer a $30 trading bonus to test their products and services without any initial deposit needed.
CAD/CHF Daily Price Forecast – 12th December 2025 If you like our trade signals, join us on our PREMIUM TELEGRAM CHANNEL. 117% ROI in ONLY 10 days. Join our Facebook Group to learn more. Trade Summary: CADCHFBuy Stop @ 0.57778TP @ 0.58045SL @ 0.57534 ________________________ CAD/CHF Daily Price Forecast – 12th
AUD/CAD Daily Price Forecast – 9th December 2025 If you like our trade signals, join us on our PREMIUM TELEGRAM CHANNEL. 117% ROI in ONLY 10 days. Join our Facebook Group to learn more. Trade Summary: AUDCADSell Stop @ 0.91848TP @ 0.91710SL @ 0.92054 ________________________ AUD/CAD Daily Price Forecast – 9th