@ChloeW42 on EURUSD | PriceONN Community

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ChloeW42 PRO newbie
EURUSD Mar 17
Well, my EURUSD long from 1.1520 has now hit my first TP at 1.1540. Not a massive move, but a clean +20 pips scalp. I've taken half the position off and will let the rest run with a breakeven stop. It's good to see some positive risk management paying off after yesterday's small loss. Always good to secure some profit when the market allows.
EURUSD

Replies (1)

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ChloeW42 PRO newbie Mar 17
Following up on my previous comment about the bullish engulfing on the H4 for EURUSD. It did indeed close strongly, and we've seen a nice push above 1.1540 since then. My remaining position is now protected, and I'm looking at 1.1560 as the next potential resistance level. The RSI is still climbing but not yet overbought, so there might be room for a bit more. I'm also keeping an eye on the DXY as it seems to be weakening slightly, which often correlates with EURUSD strength. This is giving me a bit more confidence to hold the remainder of the trade for now. Let's see how the New York close plays out.
EURUSD 1.14436 -0.13%
GBPUSD 1.34773 -0.45%
USDJPY 162.42862 +0.16%
XAUUSD 4,001.21 -1.46%
XAGUSD 56.16 -2.73%
BTCUSD 64,630 -0.53%
SP500 6,572.87 +0.74%
BRENT 83.79 -0.83%
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