EURUSD Bullish AB=CD Pattern Identified for lot RR 0.5%
An AB=CD pattern has been identified on the EURUSD chart, signaling a potential bullish movement.
Entry is advised near point B at 1.08845, with a stop loss positioned below point C at 1.0818 for risk management.
The take profit target is set at 1.095. Lot size is 0.08, with a risk-reward ratio of 0.5.
This setup presents a conservative approach to trading, emphasizing risk management. Traders should remain vigilant and adapt to changing market conditions.
Trade Plan:
Entry: Near point B at 1.08845
Stop Loss: Below point C at 1.0818
Take Profit: 1.095
Lot Size: 0.08
Risk-Reward Ratio: 0.5
Entry is advised near point B at 1.08845, with a stop loss positioned below point C at 1.0818 for risk management.
The take profit target is set at 1.095. Lot size is 0.08, with a risk-reward ratio of 0.5.
This setup presents a conservative approach to trading, emphasizing risk management. Traders should remain vigilant and adapt to changing market conditions.
Trade Plan:
Entry: Near point B at 1.08845
Stop Loss: Below point C at 1.0818
Take Profit: 1.095
Lot Size: 0.08
Risk-Reward Ratio: 0.5
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.
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.