Euro / U.S. Dollar
Long

EUR/USD 15 MINUTE CHART PATTERN

84
Thanks for sharing your EUR/USD trade setup. Here's a quick breakdown and risk-reward assessment for your 15-minute BUY entry strategy:


---

🟢 Trade Setup (Long)

Pair: EUR/USD

Entry: 1.16025

Stop Loss: 1.15780

Targets:

🎯 Target 1: 1.16361

🎯 Target 2: 1.16700

🎯 Target 3: 1.17090




---

🔍 Risk/Reward Ratios

Let’s calculate approximate Risk-to-Reward (R:R) for each target:

🔻 Risk: 1.16025 - 1.15780 = 24.5 pips


Reward to Target 1:

1.16361 - 1.16025 = 33.6 pips

✅ R:R ≈ 1.37


Reward to Target 2:

1.16700 - 1.16025 = 67.5 pips

✅ R:R ≈ 2.75


Reward to Target 3:

1.17090 - 1.16025 = 106.5 pips

✅ R:R ≈ 4.35



---

⚠ Key Notes:

Your stop loss is tight (24.5 pips), which is good for managing risk, but watch for minor price noise or wicks around support.

Best suited if price has broken out of consolidation or is in a strong uptrend on M15/M30.

Monitor news events (e.g., USD data, ECB statements) that can spike volatility.

Consider scaling out at each target to lock in profits and reduce exposure.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.