EURUSD - If Not Now, When?

Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.

on Daily: Left Chart
As per my last analysis (highlighted on the chart), EURUSD rejected our blue resistance zone and traded lower.

EURUSD is now approaching the green support and 1.0 round number again, so we will be "looking" for buy setups on lower timeframes.

on H1: Right Chart
EURUSD is forming a channel in red but the upper trendline is not valid yet.

So we will be waiting for a third swing to form around it to consider it our trigger swing.

Trigger => waiting for that third swing to form and then buy after a momentum candle close above it.

Meanwhile, until the buy is activated, EURUSD can still trade lower inside the green support.

Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich