- Trade Bias: Bullish
- Entry Point: Retest of support at 1.0809
- Target: First target set at 1.0869
- Risk Management: Shift stops to entry at first target level
Analysis:
- Support Level: Identified at 1.0809
- First Target: Set at 1.0869
- Risk Management: Stop-loss to be shifted to entry point upon reaching first target
Trade Plan:
- Entry upon retest of support at 1.0809
- First target at 1.0869, with stops shifted to entry point
- Utilize proactive risk management to safeguard profits
Your Thoughts?
What are your thoughts on this buying opportunity for EURUSD? Share your insights and trade plans in the comments below!
👍 Like if you found this analysis helpful! Remember to conduct your own analysis and trade responsibly. Trading involves risks.
- Entry Point: Retest of support at 1.0809
- Target: First target set at 1.0869
- Risk Management: Shift stops to entry at first target level
Analysis:
- Support Level: Identified at 1.0809
- First Target: Set at 1.0869
- Risk Management: Stop-loss to be shifted to entry point upon reaching first target
Trade Plan:
- Entry upon retest of support at 1.0809
- First target at 1.0869, with stops shifted to entry point
- Utilize proactive risk management to safeguard profits
Your Thoughts?
What are your thoughts on this buying opportunity for EURUSD? Share your insights and trade plans in the comments below!
👍 Like if you found this analysis helpful! Remember to conduct your own analysis and trade responsibly. Trading involves risks.
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🏦 Qualify Junior Analyst within 90days
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Get into our 15mins workday community
discord.gg/AKDr9vPqH7
Live session & Trading Tips on the GO
instagram.com/raynlim/
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.
🕒 15mins workday for Young Parents
🏦 Qualify Junior Analyst within 90days
🎤 Keynote Speaker
Get into our 15mins workday community
discord.gg/AKDr9vPqH7
Live session & Trading Tips on the GO
instagram.com/raynlim/
🏦 Qualify Junior Analyst within 90days
🎤 Keynote Speaker
Get into our 15mins workday community
discord.gg/AKDr9vPqH7
Live session & Trading Tips on the GO
instagram.com/raynlim/
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.