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triumphing
Mar 6, 2023 9:09 AM

EURUSD: Hit first tp level, consider buying again on retracement 

Euro Fx/U.S. DollarFXCM

Description



Hello everyone, on March 2nd, when EURUSD was around 1.058, I provided a long strategy and a take-profit level. The first take-profit level has been reached now, and partial profits can be taken here, while the rest can be left to wait for the second take-profit level.

Alternatively, all profits can be taken and wait for a retracement near the support level around 1.062 to go long again, with a target around 1.068.


Thank you for your attention and support. I will continue to update my trading strategy. If you have any questions, please leave a message in the comment section, and I will help you develop the most reliable solution with a serious and responsible attitude.


I wish you a pleasant day!

Comment

in the process of backtesting

Trade active

First buy 1.062

Trade active

1.062 bulls have stepped in, waiting for the market to rise

Comment

1.062bulls continue to hold

Comment

Now the market is approaching our target point

1.068

Trade active

Take Profit Awaited

Trade closed: target reached

1.068

Trade closed: target reached

This transaction has been successfully completed. Thank you for your attention and support!

Trade active

After our TP, the market also began to fluctuate and fall. We can wait for the support backtest of 1.065, and then we can intervene in long positions again
Comments
ProjectSyndicate
upvoted to support you
InvestingScope
Nice chart!
TheFxAce
great post
TradingShot
Possible scenario, we agree with you.
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