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
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