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EUR/USD LONG
BUYPosted: April 15, 2025 at 10:30 AM EST
Entry
1.0850-1.0860
Stop Loss
1.0810
Take Profit 1
1.0890
Take Profit 2
1.0930
Rationale
Price has formed a double bottom at key support level. RSI showing bullish divergence and MACD crossing above signal line. ECB expected to maintain hawkish stance in upcoming meeting.
Risk Management Note:
Suggested position size: 1-2% of account. Consider scaling out at TP1 and moving SL to breakeven.
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