Another MA approach, this time on EURUSD. It is a recurring pattern since mid-2019:
The 1D chart posts a Channel Down with the price action diving below the 1D MA50 (blue line). The MACD is flat-lined and once it breaks above this range and the price above the 1D MA50, one final pull-back occurs before a series of Higher Highs start.
Where will you buy? Feel free to share your work and let me know in the comments section!
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