EURUSD Bullish AB=CD pattern found
The EURUSD pair has formed a bullish AB=CD pattern, indicating a potential upward movement.
Entry is suggested near point B at 1.08845, with a stop loss placed below point C at 1.0818 to manage risk. The take profit target is set at 1.095. Lot size is 0.3, maintaining a risk-reward ratio of 1:1.
This setup suggests a favorable opportunity for a bullish trade in the EURUSD currency pair. Traders should monitor price action closely and adjust positions accordingly.
Trade plan
Entry: Near point B at 1.08845
Stop Loss: Below point C at 1.0818
Take Profit: 1.095
Lot Size: 0.3
Risk-Reward Ratio: 1:1
Ac Size 10000
Entry is suggested near point B at 1.08845, with a stop loss placed below point C at 1.0818 to manage risk. The take profit target is set at 1.095. Lot size is 0.3, maintaining a risk-reward ratio of 1:1.
This setup suggests a favorable opportunity for a bullish trade in the EURUSD currency pair. Traders should monitor price action closely and adjust positions accordingly.
Trade plan
Entry: Near point B at 1.08845
Stop Loss: Below point C at 1.0818
Take Profit: 1.095
Lot Size: 0.3
Risk-Reward Ratio: 1:1
Ac Size 10000
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.