TheSignalyst

EURUSD - Potential Bullish Reversal!

شراء
FX:EURUSD   يورو / دولار أمريكى
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EURUSD is sitting around strong support in blue so we will be looking for buy setups.

on H1: EURUSD is forming a channel in red, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)

Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)

Meanwhile, until the buy is activated, EURUSD would be overall bearish can still trade lower till the lower blue support before going up.

Good luck!

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~Rich

This analysis is done using RichTL
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