EURUSD: A Bullish Outlook

23 gen

Analyzing the market reveals a robust support at 1.08800, complemented by a well-defined trendline and a promising bullish chart pattern when observing higher timeframes. To execute our strategy, confirmation is key. Look for these signals before entering:

Signals to Buy:

1. Retest of OrderBlock: Ensure a solid retest for confirmation.
   
2. Rejection of Trendline: A clear rejection at the trendline strengthens our position.
   
3. Rejection of VWAP: Watch for a convincing bounce off the VWAP.
   
4. High Volume Bearish Candle: Confirm with the presence of a high-volume bearish candle.