suggest a trade idea with take profits and stop loss on the EURUSD chart provided

🎯 Bottom-line call Go LONG EURUSD on a dip to 1.1745 – 1.1750, set your stop-loss at 1.1715, and target 1.1800 (TP 1) followed by 1.1845 (TP 2). This offers ~30 pips risk for 55–100 pips reward (R:R ≈ 1 : 1.8 to 1 : 3.3). 📈✨ --- ### Why the setup stacks in your favour | Pillar | What the H1 chart shows | Trade implication | | --- | --- | --- | | Short-term trend | Price hugging the **rising 50-period EMA** (thick green line) after a series of higher highs/lows. | Bias remains bullish; favour buying pullbacks. | | Structure | Micro-pullback from 1.1795 toward the EMA (~1.1735-1.1740). That zone acted as a springboard twice in the last 12 hrs. | 1.1745–1.1750 is a logical entry pocket. | | Momentum | Oscillators (Stoch/MFI) have reset from overbought to neutral while price stays above the EMA – a classic “hidden” bullish divergence. | Suggests bulls are re-loading rather than capitulating. | | Resistance map | • 1.1800 = round number & minor supply • 1.1845 = measured move (last upswing length projected) & late-June pivot high | Targets for partial and full profit-taking. | | Risk / reward | Risk: 30 pips (1.1750 ➜ 1.1715) Reward: 55 pips to 100 pips | Attractive R:R profile. | --- ### Trade plan step-by-step 1. Entry • Place a buy-limit at 1.1745 (add a ½-position if market prints a bullish H1 candle off the EMA before tagging the limit). 2. Stop-loss – 1.1715 • Tucked under the 50-EMA and last swing low; a clean break implies the short-term up-trend is fading. 3. Take-profits • TP 1: 1.1800 – book ~50 % of the position. • TP 2: 1.1845 – run the rest; trail stop to breakeven once 1.1800 prints. 4. Time horizon • Expect TP 1 within the next 6–10 hours; TP 2 could take 18–24 hours assuming average H1 ATR ≈ 11-12 pips. --- ### Fundamental triggers to monitor 🔔 • ECB officials speak later today – any hint of a less-dovish stance could accelerate EUR bids. • US Jobless Claims (12:30 GMT) & Core PCE tomorrow – weaker data would soften USD and propel the pair higher. • Keep an eye on US yield moves; a sudden uptick in 2-yr Treasury yields would challenge the long bias. --- ### Risk-management checklist ✔️ 1. Size so the 30-pip stop equals **≤ 1 % of account equity**. 2. If an H1 candle closes below the 50-EMA, consider bailing early even if the hard stop hasn’t been hit. 3. News trader? - Tighten stops or flatten ahead of high-impact releases if volatility spikes beyond 1.5× average ATR. Stay disciplined, and may the pips be with you! 🙌💶💵