- Price is at channel support
- We have previous structure at the channel
- We are expecting EUR to strengthen for the short to medium term
What are we waiting for to happen?
- Waiting for one 4H candle to signal pressure
- EUR index to reject structure level
What is our confirmation?
- 4H candle
- lower timeframe
Once entered, where will our Stoploss be?
- Below the channel and structure level 1.559
Where do we take profits?
- First TP previous high 1.587
- Next TP channel resistance