FX:EURUSD   Euro / U.S. Dollar
On the daily was a downtrend but it didn't break LL. On the 4HrTF I notice a CHOCH. Therefore I use FIBO to check where would retracement be. 0.786 Will be the golden opportunity to go LONG. I then zoom into the 1HrTF and wait for price to hit 0.786 FIBO. That is where I took LONG. Smart money Concept.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.