EURUSD pullback on 1,2 & 4hrLately EURUSD made downward impulsive move and now is ready for pullback 📈
Things to consider:
1. Daily impulse and correction pattern spotted
2. Retracement started and target is 0.382 on Fibonacci
3. COT data shows that hedge funds have been longing EUR so it will rise for sometime now!
How to enter:
1. Study the chart as shown in my analysis
2. Enter when the 5 and 15 MA crossover (5 above 15)
3. Macd crossing signal line
4. Break of the downtrend line
5. Entry and target on the chart
ALL THE BEST!
