🤽♂EURUSD bullish pullback
EUR/USD Technical Analysis 📉📈📊
Current Price: 1.08360 🟢
Recent Pullback: The EUR/USD pair retraced from the level of 1.07980.📉📈📊
Retest of Support: It's currently retesting the support level around 1.08260, indicating a potential bullish sentiment.
Trade Target: The next significant resistance level lies at 1.08881, which presents an attractive target for bullish momentum.📉📈📊
Trading Plan:
- Entry: Consider entering a long position if the price breaks convincingly above the resistance level at 1.08260.
- Stop Loss: Place a stop loss below the support level to manage risk in case of a reversal.
Take Profit Aim for a take profit level near the resistance at 1.08881, capturing potential upward movement.
Risk Management Always adhere to proper risk management principles, ensuring that potential losses are controlled and manageable relative to the trading account size. ❤️👍 Good luck 🤞
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Pales safe trade 🙏❤️ don't forget like and comments
Current Price: 1.08360 🟢
Recent Pullback: The EUR/USD pair retraced from the level of 1.07980.📉📈📊
Retest of Support: It's currently retesting the support level around 1.08260, indicating a potential bullish sentiment.
Trade Target: The next significant resistance level lies at 1.08881, which presents an attractive target for bullish momentum.📉📈📊
Trading Plan:
- Entry: Consider entering a long position if the price breaks convincingly above the resistance level at 1.08260.
- Stop Loss: Place a stop loss below the support level to manage risk in case of a reversal.
Take Profit Aim for a take profit level near the resistance at 1.08881, capturing potential upward movement.
Risk Management Always adhere to proper risk management principles, ensuring that potential losses are controlled and manageable relative to the trading account size. ❤️👍 Good luck 🤞
*
Pales safe trade 🙏❤️ don't forget like and comments
Trade closed: target reached
Trade active
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t.me/SMCTRADINGPOINT11
Join my recommended broker , link 👇
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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.