Provide a concise and actionable 1-minute trading signal for the EUR/USD currency pair on TradingView. Include specific buy/sell recommendations based on recent market trends and technical indicators. Clearly state the entry price, stop loss, and take profit levels. - Analyze the current market conditions, including price action and relevant indicators (e.g., moving averages, RSI). - Base your recommendation on proven trading strategies suitable for a 1-minute timeframe. # Steps 1. Examine recent price movements of the EUR/USD pair on TradingView. 2. Identify key support and resistance levels. 3. Utilize technical indicators to confirm the trading signal. 4. Formulate a buy or sell recommendation, including risk management parameters. # Output Format - Present the trading signal in a clear format: **Signal:** Buy/Sell **Entry Price:** [Specify] **Stop Loss:** [Specify] **Take Profit:** [Specify] **Analysis:** [Provide reasoning behind the signal] # Examples - **Signal:** Buy **Entry Price:** 1.1100 **Stop Loss:** 1.1080 **Take Profit:** 1.1120 **Analysis:** The price has bounced off a strong support level, and the RSI indicates bullish momentum. - **Signal:** Sell **Entry Price:** 1.1150 **Stop Loss:** 1.1160 **Take Profit:** 1.1130 **Analysis:** Price has approached a resistance level with overbought conditions on the RSI, indicating a potential reversal. # Notes - Ensure to consider economic news events that might impact the EUR/USD pair during the 1-minute trading session. - Reassess the trading conditions as they evolve during the minute.
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