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TheSignalyst
Nov 21, 2021 5:40 PM

EURUSD - Potential Bullish Reversal!Β Long

Euro Fx/U.S. DollarFXCM

Description

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Hello everyone, if you like the idea, do not forget to support with a like and follow.

EURUSD is sitting around daily support in blue so we will be looking for buy setups on lower timeframes.

on H1: EURUSD is forming a channel in red but the upper trendline is not valid yet, 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 inside the blue support before going up.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich
Comments
fnsindiso
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danko😎
TheSignalyst
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@fnsindiso my pleasure πŸ˜„
khwaab235
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sir can u hav whtsapp group?
cristinemuriuki
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@khwaab235, waiting as you are
TheSignalyst
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@khwaab235, @cristinemuriuki
we have a telegram group, you can find its link in the bio. or search for "theSignalyst" on Telegram
khwaab235
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thnx
UnknownUnicorn493766
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wonderful
TheSignalyst
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@gremic thank you
Vibranium_Capital
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agreed
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