Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
EURUSD is overall bullish trading inside the flat channel in red.
Moreover, the zone 1.06 is a support zone .
🏹 So the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the blue support and lower brown trendline.
As per my trading style: As EURUSD approaches the purple circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly! ~Rich