I'm sharing my latest trade setup on EUR/USD using the 30-minute timeframe. This setup is based on a potential bullish corrective wave before a larger bearish continuation.
Key Highlights:
🔹 Entry Zone: Price is bouncing from a key support area (green zone), suggesting a potential upside move.
🔹 Target: The projected move (Wave B) aims towards the 1.04650–1.04750 region.
🔹 Stop-Loss: Placed below the support zone around 1.04105 to manage risk effectively.
🔹 Risk-to-Reward: A well-balanced setup with a favorable RR ratio.
🔹 Confirmation: Watching for bullish momentum to validate the trade idea before further execution.
Let me know your thoughts! 🚀📈 #Forex #EURUSD #TradingView
Key Highlights:
🔹 Entry Zone: Price is bouncing from a key support area (green zone), suggesting a potential upside move.
🔹 Target: The projected move (Wave B) aims towards the 1.04650–1.04750 region.
🔹 Stop-Loss: Placed below the support zone around 1.04105 to manage risk effectively.
🔹 Risk-to-Reward: A well-balanced setup with a favorable RR ratio.
🔹 Confirmation: Watching for bullish momentum to validate the trade idea before further execution.
Let me know your thoughts! 🚀📈 #Forex #EURUSD #TradingView
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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.
Related publications
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.