EURUSD Buy signal

Pattern: Triangle on 1D.

Signal: Buy as the first Higher Lows have been spotted on the 4H time-fame. The 1D RSI has been on a Bullish Divergence. If you seek confirmation you may wait until the 4H MA200 (green trend-line) breaks, as it happened on the previous bullish leg within the Triangle.

Target: 1.2000 (the pivot point) short-term and 1.21750 (just below the 0.2 Fibonacci retracement level) long-term.




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