On March 27 2025 I posted on social media @AidanFX the EURUSD bullish buy setup chart with entry, stop loss and targets.
i. Price reacting higher in the 4 Hour bullish demand zone (Gray Box)
ii. Bullish divergence pattern (Red) forms and terminates pattern in 4 Hour demand zone signalling reversal higher.
iii. Price breaks above CHoCH (Change of Character/Black Line) signalling trend shift and reversal higher.
All above combined was enough for me to enter the BUY/LONG entry (Green) with confidence.
EURUSD 1 Hour Chart March 27 2025 (Buy Entry)
EURUSD 1 Hour Chart April 3 2025 (Buy Trade Closed)
Entered the BUY trade March 27 2025 at 1.0764 with a 32 pip stop loss at 1.0732. Closed 1/2 position at the 4R 1.0892 target for +128 pips +2% gain and on April 3 2025 EURUSD continued higher and hit the 7R 1.0988 target where I closed the 2nd 1/2 for +224 pips +3.5% gain. Combined +5.5% total gain. (Risking 1% on every trade)
A trader should always have multiple strategies all lined up before entering a trade. Never trade off one simple strategy. When multiple strategies all line up it allows a trader to see a clearer trade setup. If you followed me on social media you too could have caught the EURUSD move higher.
Of course, like any strategy/technique, there will be times when the strategy/technique fails so proper money/risk management should always be used on every trade. Hope you enjoyed this article and follow me on social media for updates and questions> @AidanFX
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