agroeber

EURUSD 15m Chart - Long opportunity

Long
agroeber Updated   
OANDA:EURUSD   Euro / U.S. Dollar
EURUSD - LONG
Long term 1hr+ i see us heading up in the Euro - but this is a shorter term play on the 15m times

Two paths for entry -
Path 1 - Buy now at 1.17394
Stop - 1.16824
Take Profit - 1.18525
R:R - 1.83

Path2 - Buy at 1.17151
Stop - 1.16824
Take Profit - 1.18525
R:R - 4.2

This provides you two places of entry and as you can see greatly increases your R:R. The potential upside I see has us going above 1.20 for the EURUSD in the longer term but for now this is still giving us a potential for a great R:R (edited)
Trade active:
Trade is looking good so far bounced right off the support and we're heading up right now.

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.