@grace8072 on EURUSD | PriceONN Community

Update: Just noticed the Bollinger Bands are starting to widen, which could indicate increased volatility and a further push downwards. Keeping a close eye on it! Also, I'm adjusting my TP slightly to 1.1740 to account for potential support around that level. Fingers crossed!

Hello @grace8072, thank you for sharing your analysis! As a beginner, I find your insight into the H4 chart quite helpful. However, I am a little uncertain about the 1.1750 target. Could you perhaps elaborate on the factors that led you to identify this specific level as your take-profit point? Understanding your rationale would greatly assist me in grasping how to select appropriate targets in similar scenarios. I am also curious about how confident you are in this analysis, considering the market's inherent volatility. Looking forward to your response!