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PlutusX
Feb 15, 2021 4:22 PM

EURUSD Take Profit - Long Term Play Ready Long

Euro / U.S. DollarFOREX.com

Description

We hit a take profit near the 1.20 zone but now we are looking for a slight retracement prior to entering the new long position. We are already in a bullish environment contextually in the 4H market. So we need to just wait for a new entry closer to the 1.20 zone.


RR - 1:3.62
Comments
Dave-FX-Hunter
Wonderful analysis here
PlutusX
@Dave-FX-Hunter, Appreciate you!!
profitalztrading
Great RRR! Best of luck on this one
PlutusX
@profitalztrading, RR is more important than win rates IMO.
profitalztrading
@PlutusX, I second that! Proper RRR is what makes you profitable.
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