EURUSD - Wait For The Impulse 📈

Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.

📈 EURUSD has been overall bullish short-term, trading within the rising wedge pattern in blue.

Currently, EURUSD is hovering around the lower bound of the wedge pattern.

Moreover, it is retesting a strong support zone in blue.

🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the blue support and lower blue trendline.

📚 As per my trading style:
As #EURUSD approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich

Trade stängt: målet nått