EURUSD 1H

*). As long as 1.08114 is support: This means that 1.08114 is a critical price level. If the price remains above this level, it indicates that there is strong buying interest, and the support level is holding firm.
*). Look for 1.08891 as target: The price level of 1.08891 is identified as a potential target for the price to reach. This suggests that if the support at 1.08114 holds, the price is expected to move towards 1.08891.

(Implementation).

1. Entry Point: Enter a long position (buy) as long as the price stays above the support level of 1.08114.
2. Stop Loss: Place a stop-loss order slightly below 1.08114 to limit potential losses if the price breaks below this support level.
3. Take Profit: Set a take-profit order near the target of 1.08891 to secure profits when the price reaches or nears this level.

By following these criteria, traders can effectively manage their trades, minimize risk, and maximize potential gains based on the identified support and target levels. Good luck 🤞