Buy setup - limit order wait for pull back

3月30日

Analysis
Bias: Bullish with caution
Market Structure:
The EUR/USD pair is currently trading at 1.0821, showing bullish price action in the most recent days after a period of decline. Looking at the 4-hour chart, we see a strong upward move in early March followed by a correction and consolidation phase. The price is now attempting to form higher lows after reaching a recent bottom at around 1.0740.
On the 1-hour chart, the price has formed a series of higher lows over the past 2 days, suggesting some bullish momentum building. However, the overall structure shows range-bound movement between approximately 1.0740 and 1.0850.
The 15-minute chart confirms the short-term bullish bias with recent candles making higher highs and higher lows.
Key Levels:

Resistance: 1.0850 (recent swing high)
Support: 1.0740 (recent swing low)
Immediate resistance: 1.0830

Trade Setup
Entry: Limit order at 1.0800 (pullback to retest broken minor resistance)
Stop Loss: 1.0765 (35 pips below entry, below recent structure low)
Take Profit (TP): 1.0850 (previous resistance level)
Extended Take Profit (TP2): 1.0900 (psychological level)
Order Type: Limit order

Rationale:
The market is showing signs of bullish momentum, but we want to wait for a pullback to a better entry price rather than chasing the current move. The 1.0800 level has acted as both support and resistance in recent price action. A pullback to this area would provide a better risk-to-reward ratio.
If no pullback occurs and price continues upward, consider an alternative entry on a clean break and retest of the 1.0850 resistance level, with stop loss 35 pips below that entry point.
Alternative Scenario:
If price breaks below 1.0740 convincingly, the bullish bias would be invalidated, and a bearish setup could emerge. In this case, wait for a potential short opportunity after a retest of the broken level.

3月31日

交易進行

If price will move to 1:1 RR I will move SL to BE

4月2日

交易結束：目標達成

TP1 Hit,
close 50%
move SL to BE and see if TP2 also get hit...
ether way is a risk free

4月3日

註釋

TP2