EUR/USD Trade Idea Update: Full Take Profit Achieved
Following the break below the Sunday open, the Asian session continued to drive the price downward, successfully hitting our full take-profit target. Key liquidity levels were taken after the pair ranged for two days, providing an ideal setup for our short position. The break of structure signaled a strong entry point, aligning with the rebalancing of price action after Friday’s speech from Powell.
Key Levels:
• Liquidity Taken: After consolidating between 1.1145 and 1.1185, the pair broke lower, clearing liquidity.
• Entry Point: Positioned after the break of structure near 1.1150.
• Take Profit Level: Achieved around 1.1100, capitalizing on the continued bearish trend.
Congratulations to all who capitalized on this move!
Note: Please remember to adjust this trade idea according to your individual trading conditions, including position size, broker-specific price variations, and any relevant external factors. Every trader’s situation is unique, so it’s crucial to tailor your approach to your own risk tolerance and market environment.
Key Levels:
• Liquidity Taken: After consolidating between 1.1145 and 1.1185, the pair broke lower, clearing liquidity.
• Entry Point: Positioned after the break of structure near 1.1150.
• Take Profit Level: Achieved around 1.1100, capitalizing on the continued bearish trend.
Congratulations to all who capitalized on this move!
Note: Please remember to adjust this trade idea according to your individual trading conditions, including position size, broker-specific price variations, and any relevant external factors. Every trader’s situation is unique, so it’s crucial to tailor your approach to your own risk tolerance and market environment.
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