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EUR/USD Trade Plan Summary - Reversal
Euro / U.S. Dollar
Long
EUR/USD Trade Plan Summary - Reversal
By Naqash16046
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5 days ago
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Entry: Place a Buy Stop at 1.04355, confirming a breakout from the falling wedge.
Stop Loss: Set at 1.01702, below the recent lower low to limit risk.
Take Profit: Target TP1 at 1.06993 and optionally TP2 at 1.09253 for extended gains.
Confirmation: Wait for a daily candle close above the wedge before activating the trade.
Risk Management: Risk 1-2% of capital and adjust position size based on the entry-to-SL distance.
Divergence
EURUSD
eurusdbullish
eurusdlong
eurusdlongsetup
Falling Wedge
Technical Indicators
Oscillators
Wedge
Naqash16046
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