EUR/USD Long Trade Setup - 30 Minute Timeframe

🔍 Setup Breakdown:

Downtrend observed with a break of the descending trendline.
Expecting a retracement to previous support levels around 1.1076 for an entry.
Entering long after confirmation at the retracement level, targeting multiple take profit (TP) levels.

🎯 TP Levels:

TP 1: 1.10864
TP 2: 1.11143
TP 3: 1.11437
TP 4: 1.11650
TP 5: 1.11973

💡 Strategy: Entry Condition: The price must close above the specified entry point on a 30-minute candlestick chart.

Retracement and Entry: Following the close above the entry point, monitor for a retracement back to the entry level. Once the price returns to this level, initiate a trade at the new resistance level (which corresponds to the initial entry point).

🛑 Stop Loss: Below 1.10500 to manage risk.