EURUSD 15M CHART PATTERN

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Here's a structured summary of your EUR/USD trade setup:


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📈 EUR/USD Buy Setup

Entry (Buy): 1.14660

Take Profit Targets:

1. TP1: 1.14940


2. TP2: 1.15100


3. TP3: 1.15330



Stop Loss: 1.14260



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⚖ Risk-Reward Ratios

Let’s break down the potential Risk:Reward (R:R) for each target:

Risk per trade: 1.14660 – 1.14260 = 40 pips


R:R for each TP level:

TP1 (1.14940): (1.14940 – 1.14660) = 28 pips → R:R = 0.7:1

TP2 (1.15100): (1.15100 – 1.14660) = 44 pips → R:R = 1.1:1

TP3 (1.15330): (1.15330 – 1.14660) = 67 pips → R:R = 1.7:1



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🧠 Strategy Suggestions

Scaling Out: You could take partial profits at each TP level to lock in gains and manage risk.

SL Management: Consider moving stop loss to breakeven after TP1 is hit.

Volatility Awareness: Watch for any economic events or Fed/ECB news that might increase volatility.



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