EURUSD – 2 Potential Intraday Setups (5-Min Chart)

Chart Overview:
This 5-min EURUSD chart shows two example trade setups aligned with the main uptrend. These are shared purely for learning how to recognize and plan structured entries.

(Details are being shown in m5 chart- if this in not working for you please follow to be able to see it- as it is a private idea)

🔹 Example Trade 1 – 3rd Touch of Triangle Support
✅ Context:
Price retested the lower boundary of a broad triangle/wedge for the third time—often a strong area for reactive buys in an uptrend.

✅ Plan Concept:
Entry: Reversal signal on the 3rd touch.
Stop: Below the signal bar low.
Target: Mid to upper wedge area (or TP2).


🔹 Example Trade 2 – Breakout of Descending Flag
✅ Context:
After bouncing off trendline support, price formed a descending flag consolidation.

✅ Plan Concept:
Entry: Break and close above flag resistance.
Stop: Below the strong breakout candle.
Target: Extension toward recent highs (or TP2).

💡 Important:
These examples are not signals and not executed trades—they illustrate a possible planning process for traders studying price action strategies.

💡 Why These Matter:
Both setups align with the primary uptrend, use clear structure for risk placement, and rely on confirmation before entry.

🔹 Note:
These are educational examples only, not trade signals.

💬 Do you study similar setups? Share your charts and thoughts!

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