EUR/USD 4H Chart Analysis – Targeting the Downside Potential
Hello Traders,
We’re analyzing the EUR/USD 4H chart, where a fresh SELL signal has appeared, pointing toward a potential bearish move.
Key Observations:
- SELL Signal: A SELL signal was triggered at 1.10774, signaling a potential shift downward from the recent uptrend.
- TP Zone: The identified Take Profit (TP) zone ranges from 1.10510 to 1.10294, offering a potential gain of around 26 to 48 pips from the entry point.
- Market Structure: The price is currently moving below key resistance levels, and the market structure suggests further downside movement. Recent price action confirms a weakening bullish momentum as it approaches the TP zone.
Trading Plan:
- Bearish Scenario: If the price continues to drop as anticipated, targeting the TP zone between 1.10510 and 1.10294 could yield a favorable return. Traders should watch for confirmations as the price approaches these levels.
- Risk Management: We adjust our positions based on new signals, ensuring flexibility in managing trades and optimizing entry/exit points. Monitoring price action is crucial to adapt to any market fluctuations.
Important Note: This analysis serves as a trade idea and should be integrated into your overall trading plan. Always conduct your own analysis to ensure this setup aligns with your risk tolerance and strategy. Stay cautious and trade wisely!
We’re analyzing the EUR/USD 4H chart, where a fresh SELL signal has appeared, pointing toward a potential bearish move.
Key Observations:
- SELL Signal: A SELL signal was triggered at 1.10774, signaling a potential shift downward from the recent uptrend.
- TP Zone: The identified Take Profit (TP) zone ranges from 1.10510 to 1.10294, offering a potential gain of around 26 to 48 pips from the entry point.
- Market Structure: The price is currently moving below key resistance levels, and the market structure suggests further downside movement. Recent price action confirms a weakening bullish momentum as it approaches the TP zone.
Trading Plan:
- Bearish Scenario: If the price continues to drop as anticipated, targeting the TP zone between 1.10510 and 1.10294 could yield a favorable return. Traders should watch for confirmations as the price approaches these levels.
- Risk Management: We adjust our positions based on new signals, ensuring flexibility in managing trades and optimizing entry/exit points. Monitoring price action is crucial to adapt to any market fluctuations.
Important Note: This analysis serves as a trade idea and should be integrated into your overall trading plan. Always conduct your own analysis to ensure this setup aligns with your risk tolerance and strategy. Stay cautious and trade wisely!
Trade fermée: cible de profit atteinte
The EUR/USD SELL signal has successfully reached TP1 at 1.10510, securing a gain of 26 pips.
At this point, you can either take profit here or continue to hold the position as the price moves towards the second target at 1.10294.
Always manage your trades in a way that fits your overall strategy and risk tolerance.
Stay focused and trade smart!
Trade fermée: cible de profit atteinte
Good news! The EUR/USD SELL signal has now reached TP2 at 1.10294, locking in a solid gain of 48 pips from our entry at 1.10774.
What’s Next?
If you're happy with the profit, this is a great time to close the trade and secure your gains.
If you'd like to hold on a bit longer, consider moving your stop-loss into profit to protect what you've made while still giving the trade room to run.
As always, make sure this fits with your trading plan and risk tolerance.
Trade smart and stay sharp!
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.