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

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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.

🔹 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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