Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈EURUSD has been overall bullish, trading inside the flat rising channel in blue.
Moreover, it is approaching a demand zone marked in green.
🏹 The highlighted blue circle is a strong area to look for buy setups as it is the intersection of the demand zone and lower blue trendline acting as a non-horizontal support.
📚 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
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