EURUSD SHORT ENTRY ANALYSIS 1 HOUR TIME FRAME

16 Mar

EUR/USD short trade idea has a well-structured plan with a defined entry, stop loss, and take profit targets. Let’s analyze and refine the trade:

Trade Setup Review:

Entry: 1.08776

Stop Loss: 1.09555 (+77.9 pips risk)

Target 1: 1.07677 (+109.9 pips reward)

Target 2: 1.06784 (+199.2 pips reward)

Target 3: 1.06174 (+260.2 pips reward)

Risk-Reward Ratio (RRR): ~1.4 for Target 1, ~2.5 for Target 2, ~3.3 for Target 3


Trading Plan & Adjustments:

1. IF Downtrend is begin

If price breaks below the 1st support area, the short trade will gain strength.

A breakdown of 1.08776 with momentum the short bias.



2. Adjust Stop Loss for Safety:

A stop loss at 1.09555 is decent, but you might tighten it slightly to 1.09450 to minimize risk.

Consider moving SL to breakeven once price reaches Target 1.



3. Entry Timing & Confirmation:

Wait for bearish confirmation (e.g., price rejection from resistance or bearish candlestick formations like engulfing patterns).

Look for a pullback to 1.08776 for the best entry.



4. Manage Trade Dynamically:

If price stalls near Target 1, consider securing partial profits.

Use a trailing stop after Target 2 to capture more downside movement.

19 Mar

İşlem kapandı: durdurma seviyesi