EUR/USD on both sides EUR/USDOANDA:EURUSDProfitablePipssTrade Idea Breakdown: Any break above the yellow line and a retest validates a continual uptrend, BUT CONSTRUCTIVELY THE OVERALL TREND IN THE MONTHLY IS DOWNWARDS. FOLLOWING THE RED ARROW POINTING DOWNWARD TILL THE END OF THE YEAR I RIDE IT DOWNWARD. MERRY CHRISTMAS 🎅 🎄 AND A HAPPY NEW YEAR. • Entry Point: I am looking to enter the position around 1.15664, which is the current price. • Target: The first target could be at 1.15920, followed by 1.16416. If the price moves strongly, the next target is the resistance at 1.17826. • Stop Loss: A logical stop loss would be below the nearest support, perhaps around 1.15179, which offers a solid risk-to-reward ratio. • Risk-to-Reward: The setup suggests the trader is expecting a bullish move, but risk management seems to be in place with the proposed stop-loss levels. My General Outlook: • The price appears to be in an uptrend with a healthy pullback toward support levels. • The trade setup looks positive, but it is critical to watch for any reversal signals around resistance levels. • External factors (such as economic events or data releases happening on Wednesday might be a big factor pushing higher) might affect the EUR/USD pair, so monitoring those is key. Note: This is not a financial advise, its important that you do your own research before taking any trade idea. This trade idea seems well thought out, assuming the uptrend continues. It’s important to keep an eye on the overall trend, support levels, and resistance zones for any signs of reversal or confirmation for further upside, ensure to do your own research for this is not a financial advise, this is only for educational purposes. Your reaction will be appreciated and comments.