EURUSD: Hit first tp level, consider buying again on retracement
Updated
Hello everyone, on March 2nd, when EURUSD was around 1.058, I provided a long strategy and a take-profit level. The first take-profit level has been reached now, and partial profits can be taken here, while the rest can be left to wait for the second take-profit level.
Alternatively, all profits can be taken and wait for a retracement near the support level around 1.062 to go long again, with a target around 1.068.
Thank you for your attention and support. I will continue to update my trading strategy. If you have any questions, please leave a message in the comment section, and I will help you develop the most reliable solution with a serious and responsible attitude.
I wish you a pleasant day!
Note
in the process of backtestingTrade active
First buy 1.062Trade active
1.062 bulls have stepped in, waiting for the market to riseNote
1.062bulls continue to holdNote
Now the market is approaching our target point1.068
Trade active
Take Profit AwaitedTrade closed: target reached
1.068Trade closed: target reached
This transaction has been successfully completed. Thank you for your attention and support!Trade active
After our TP, the market also began to fluctuate and fall. We can wait for the support backtest of 1.065, and then we can intervene in long positions again
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