Trading EUR/USD: Long Entry Near 1.0839

EUR/USDLongScalp4h ago1 views

Trade Setup

Entry Price

1.0839

Stop Loss

1.0824

Take Profit

1.0876

Risk : Reward

1 : 2.47

RiskReward

Technical Analysis

EUR/USD has formed a strong pennant on the 15-minute chart. Entry near 1.0839 with stop below 1.0824.

Fundamental Context

The macro environment favors long positions on EUR/USD. Keep an eye on upcoming data releases.

Trade Setup

Position sized for 2.5:1 R:R. Will trail stop once in profit.

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