https://www.colibritrader.com/eurusd-trading-analysis-10/
I have been waiting for a pull-back, which never came. I am still looking for the price to come down a bit from the highs.
If that happens, I will consider taking a long position. I will be particularly paying attention to the 4H chart and the price action around 1.1375.
A couple of additional factors telling me it is time to go long soon:
Daily Bullish Engulfing Candlestick
Major support level at 1.1300
Based on those and my other observations I might take a long trade depending on future price action.
I have been waiting for a pull-back, which never came. I am still looking for the price to come down a bit from the highs.
If that happens, I will consider taking a long position. I will be particularly paying attention to the 4H chart and the price action around 1.1375.
A couple of additional factors telling me it is time to go long soon:
Daily Bullish Engulfing Candlestick
Major support level at 1.1300
Based on those and my other observations I might take a long trade depending on future price action.