POTENTIAL LONG TRADE SET UP FOR EURUSD

Analysis: Utilizing chart patterns, highs & lows, and impulses & corrections, the focus is on identifying a continuation corrective structure following a breakout.


The price has approached the lower bound of a bullish continuation structure on the higher time frame (HTF) with a broadening descending structure on the Mid time frame (MTF). We will now monitor for a bullish impulse and continuation structure to identify a potential entry point for the trade.

Expectation: A upward move is expected, with the initial target at 1.08 and subsequently at the top of the HTF bullish continuation structure.

⚠️ Reminder: Always conduct your own analysis and apply proper risk management, as forex trading involves no guarantees. This is a high-risk activity, and past performance is not indicative of future results. Trade responsibly!