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CaitlinAmanda
Apr 6, 2021 9:24 AM

possible day trading setup for EURUSD Long

Euro Fx/U.S. DollarFXCM

Description

- Price has been in a buy since March 2020 and bounced off my weekly buy support trend line.

- After price pulled back from the buy to retest my weekly support trend line it rejected that support and broke out of my 4hr sell resistance trend
line.

- Price is pulling back now on the 4hr timeframe to retest the support zone I have highlighted.

- Once I identify any reversal patterns at this zone I will be looking to take the buy.
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