Here is why this makes a good R:R trade (aiming at least 80 pips - with the ultimate TP in the 1.2135 region)
1) The price has approached the 1.2058 region, that EURUSD has always rejected on 18 Jan and 27 Jan.
2) The 15 min candle has shown a lovely buy up signal candle
3) The demand region depicted in the rectangular region - you could see how the price always respect the level.
1) The price has approached the 1.2058 region, that EURUSD has always rejected on 18 Jan and 27 Jan.
2) The 15 min candle has shown a lovely buy up signal candle
3) The demand region depicted in the rectangular region - you could see how the price always respect the level.