EUR/USD buy on the first higher low
Technicals
* We have had an extended impulse downwards and the pullback will be this week.
* I did not over complicate my approach here. Just buy after the first higher low.
* Indicators on daily and 4hr are due for a pullback.
* What i have plotted is confluence zone set by multiple retracements from the recent swing highs. Those 2 clusters might serve as potential take profit zones.
* We have had an extended impulse downwards and the pullback will be this week.
* I did not over complicate my approach here. Just buy after the first higher low.
* Indicators on daily and 4hr are due for a pullback.
* What i have plotted is confluence zone set by multiple retracements from the recent swing highs. Those 2 clusters might serve as potential take profit zones.
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.