Pair: EUR/USD
Entry: 1.10530 (Buy)
TP1: 1.10940
TP2: 1.11470
Stop Loss (suggested): Around 1.10200 or below recent support/swing low
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Additional Analysis Suggestions:
1. Momentum Confirmation:
Check RSI or MACD on H1/H4 timeframes to confirm bullish momentum.
Volume or price action near 1.10530 can signal whether buyers are stepping in.
2. Structure & Support/Resistance:
1.10530: See if it aligns with a breakout/retest zone or key support.
1.10940 & 1.11470: Confirm these levels as prior resistance or fib extensions.
3. Trend Context:
Daily/4H trend: Bullish continuation patterns (higher highs/lows)?
If it’s ranging, your trade could get stuck before TP1.
4. News Watchlist:
Keep an eye on key events like CPI, NFP, ECB/FRB meetings, and speeches.
Trade entry should ideally not be too close to high-impact releases unless you’re playing the breakout.
5. Risk/Reward:
Make sure R:R is favorable (at least 1:2 ideally).
Use a trailing stop or scale out at TP1 to protect profits if the price starts to retrace.
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If you want, I can help chart this setup with technical levels and confluences. Just let me know what timeframes or indicators you’re using.
Entry: 1.10530 (Buy)
TP1: 1.10940
TP2: 1.11470
Stop Loss (suggested): Around 1.10200 or below recent support/swing low
---
Additional Analysis Suggestions:
1. Momentum Confirmation:
Check RSI or MACD on H1/H4 timeframes to confirm bullish momentum.
Volume or price action near 1.10530 can signal whether buyers are stepping in.
2. Structure & Support/Resistance:
1.10530: See if it aligns with a breakout/retest zone or key support.
1.10940 & 1.11470: Confirm these levels as prior resistance or fib extensions.
3. Trend Context:
Daily/4H trend: Bullish continuation patterns (higher highs/lows)?
If it’s ranging, your trade could get stuck before TP1.
4. News Watchlist:
Keep an eye on key events like CPI, NFP, ECB/FRB meetings, and speeches.
Trade entry should ideally not be too close to high-impact releases unless you’re playing the breakout.
5. Risk/Reward:
Make sure R:R is favorable (at least 1:2 ideally).
Use a trailing stop or scale out at TP1 to protect profits if the price starts to retrace.
---
If you want, I can help chart this setup with technical levels and confluences. Just let me know what timeframes or indicators you’re using.
Trade active
"TP1 crushed! BOOM BOOM BOOM! No mercy — next target in sight. Stay sharp, ride it hard! 🚀🔥💣"
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.