The pair is looking to do a pullback before continuing with its bullish movement which has been dominant for the month.
All time frames down to the 4h are with confluence with the big money movers.
The strategy is to wait for the pullback and confirmation before going long with stop just below the major liquidity zone.
First TP zone would be the mid of the swing high and we can trail our stop until our TP reaches the most recent swing high.
This gives us a minimum of 1:2.4 RR Ratio.
All time frames down to the 4h are with confluence with the big money movers.
The strategy is to wait for the pullback and confirmation before going long with stop just below the major liquidity zone.
First TP zone would be the mid of the swing high and we can trail our stop until our TP reaches the most recent swing high.
This gives us a minimum of 1:2.4 RR Ratio.