EUR/USD Long-Term Trend: Bullish
Key Resistance Levels: 1.2154, 1.2159, 1.2166
Key Support Levels: 1.2143, 1.2135, 1.2131
The EUR/USD is violating a strong intraday resistance area of 1.2180 level and above this, the pair has the potential to go after the next target level of 1.2243 level.
EUR/USD Medium-Term Trend: Bullish
On the lower time frame the pair trading above the triple top resistance level of 1.2180 which now is working as a support. We expect a breakout to the upside and a rally all the way up to the target profit of 1.2243 and 1.2285.
Buy Order @ 1.2191
TP 1 @ 1.2243
TP 2 @ 1.2285
Stop Loss @ 1.2140
Trade Safely 🙂
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I don’t understand the question.
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Does Buy Order mean > Buy Limit ? I mean place the trade as Buy Limit not Market Execution?
Buy Order = Market Execution
Buy Limit Order = Buy Limit Pending Order
I hope it helps. Please feel free to ask if there’s any confusion.
Hey Do u think it will hit tp1 or should i cash out
The trade Hit TP1, I hope you enjoyed the trade. Anyways, always move your Stoploss at breakeven (entry price) when trade is 20-25 pips away from your entry price.
When should i breakeven
Normally we can move stop loss at breakeven once your trade is 20-25 pips away from entry price.
Should i cash out rn or wait for TP1
It hit TP1 yesterday. I hope you enjoyed.