My eyeing a EUR/USD short from 1.09730, with a clear multi-target strategy:
Trade Setup:
Sell Entry: 1.09730
Target 1: 1.06000 (~373 pips)
Target 2: 1.03750 (~598 pips)
Target 3: 1.02086 (~764 pips)
Considerations:
Trend Check: Is the D1 or H4 chart showing bearish structure?
Fundamentals: Watch for ECB/Fed policy divergence, inflation data, or NFP reports.
Risk Management: Consider SL above recent swing high (maybe 1.1050+ depending on your timeframe).
Scaling Out: You could take partial profits at each target to lock in gains while letting the rest ride.
Want help analyzing the current chart to confirm your bias or refine entry/exit?