Hello KeenPips,
Thought of sharing this in your thread.
XAUEUR
On weekly, the pair has big round bottom and seems will test the downward TL
On daily, we have a flag pattern on a weekly/Daily support
On H4, here comes the play.
Now if you consider the breakout of the first upper boundary of channel then there is a retest and the pair is ready to be bought.
Another option is to wait for the break of the second boundary line and a clear bullish candle above the S/R zone which will coincide with the break of a neckline of a small inverse H&S.
It is really subjective on this TF.
Regards,
Thought of sharing this in your thread.
XAUEUR
On weekly, the pair has big round bottom and seems will test the downward TL
On daily, we have a flag pattern on a weekly/Daily support
On H4, here comes the play.
Now if you consider the breakout of the first upper boundary of channel then there is a retest and the pair is ready to be bought.
Another option is to wait for the break of the second boundary line and a clear bullish candle above the S/R zone which will coincide with the break of a neckline of a small inverse H&S.
It is really subjective on this TF.
Regards,