Trade plan on EUR/USD:
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In this analysis looking for short
Entry Level: 1.05771
Stop Loss (SL): 1.06076
Take Profit 1 (TP1): 1.05334
Take Profit 2 (TP2): 1.04889
Plan Overview:
This trade plan focuses on a short (sell) position for EUR/USD. The entry point is set at 1.05771, anticipating a downward move. The stop loss is strategically placed at 1.06076 to limit potential losses if the market reverses. The first target (TP1) is set at 1.05334, with an extended target (TP2) at 1.04889 for a deeper move.
Risk Management:
The distance between the entry and stop loss levels ensures a controlled risk, while two take profit targets provide flexibility to capture gains. Consider trailing your stop loss or partially closing positions after hitting TP1 to maximize profits.
This trade aligns with current bearish sentiment and aims to capitalize on potential downward momentum in the EUR/USD pair. Be sure to monitor economic events and news that could impact market direction.
ALWAYS USE STOPLOSS AND TAKE PROFIT AS WELL AS RISK MANAGEMENT FOR YOUR TRADES.
ITS JUST MY ANALYSIS OR PREDICTION LET'S SEE WHAT WILL HAPPEN IF YOU LIKE MY IDEA SO SUPPORT ME AND BOOST TO APPRECIATES.
Entry Level: 1.05771
Stop Loss (SL): 1.06076
Take Profit 1 (TP1): 1.05334
Take Profit 2 (TP2): 1.04889
Plan Overview:
This trade plan focuses on a short (sell) position for EUR/USD. The entry point is set at 1.05771, anticipating a downward move. The stop loss is strategically placed at 1.06076 to limit potential losses if the market reverses. The first target (TP1) is set at 1.05334, with an extended target (TP2) at 1.04889 for a deeper move.
Risk Management:
The distance between the entry and stop loss levels ensures a controlled risk, while two take profit targets provide flexibility to capture gains. Consider trailing your stop loss or partially closing positions after hitting TP1 to maximize profits.
This trade aligns with current bearish sentiment and aims to capitalize on potential downward momentum in the EUR/USD pair. Be sure to monitor economic events and news that could impact market direction.
ALWAYS USE STOPLOSS AND TAKE PROFIT AS WELL AS RISK MANAGEMENT FOR YOUR TRADES.
ITS JUST MY ANALYSIS OR PREDICTION LET'S SEE WHAT WILL HAPPEN IF YOU LIKE MY IDEA SO SUPPORT ME AND BOOST TO APPRECIATES.
Giao dịch đang hoạt động
trade active.Đóng lệnh: dừng lỗ
sl hits.
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