Euro / U.S. Dollar
Long
Updated

EUR/USD.. 4H CHART PATTERN..

272
*EURUSD BUY* entry:

### *Trade Plan: EURUSD BUY @ 1.12500*
*Potential Risk-Reward Ratio:* Up to ~1:3 (with trailing stop)

#### *Key Levels:*
- *Entry:* *1.12500*
- *Stop Loss (SL):* *1.11800* (~70 pips risk, below recent support)
- *Take Profit Targets:*
- *TP1:* *1.14100* (+160 pips, ~2:1 R/R)
- *TP2:* *1.15500* (+300 pips, ~4:1 R/R)

#### *Risk Management:*
- *Position Size:* Risk 1-2% of capital per trade (e.g., 0.5-1% if wider SL).
- *Leverage:* Use ≤ 10x leverage to avoid volatility spikes.

#### *Execution Strategy:*
1. *Confirmation:* Ensure bullish momentum (e.g., breakout above 1.12800, RSI >50, MACD crossover).
2. *Partial Close:* Secure 50% profits at *TP1 (1.14100)*, then trail SL to breakeven or higher (e.g., 1.13000).
3. *Final Target:* Let remaining position ride to *TP2 (1.15500)* if trend stays strong (watch for ECB/Fed policy shifts).

#### *Supporting Factors:*
- *Fundamental Catalyst:* Dovish Fed expectations or Eurozone inflation surprises could fuel upside.
- *Technical Confluence:* 200-day SMA or channel breakouts add validity.

#### *Exit if:*
- Price breaks below *1.11800* (invalidates bullish structure).
- Bearish reversal patterns form (e.g., double top at 1.14000).

Would you like a deeper analysis of current EURUSD drivers (e.g., interest rate differentials, COT data)?
Trade active
trade active

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.