EUR/USD – 2H – BUY

The EUR/USD 2H chart has fired a dense cluster of bullish signals, anchored by a series of bottoming patterns (Double Bottom, Triple Bottom, and their Retreat Down variants) and an Ascending Triangle. These patterns, combined with a strong ADX trend score and a BOP Zero Cross Down that suggests selling pressure has exhausted, point to a continuation of the uptrend. The 30m and 1h timeframes already show solid bullish trends, while the higher timeframes (2H through 1D) are forming bullish trends, indicating a broad alignment across the board. The key resistance at 1.15804 is the immediate upside target; a break above it would confirm the bullish continuation, while the nearest support at 1.15114 serves as the critical invalidation zone if price retreats.

The confluence of multiple bottom patterns and the ascending triangle at the same price zone strengthens the bullish case. The trend scores across timeframes are consistently bullish, with the 30m and 1h leading the way, suggesting that momentum is building from the lower timeframes upward. However, the 15m shows a bearish trend, which could signal a short-term pullback before the next leg up. Traders should watch for a sustained move above 1.15804 to confirm the breakout, and any failure to hold above 1.15114 would negate the bullish setup.