H8 time frame.
Structure: The downtrend has been broken, Key level at 1.19000 has been broken.
However, this strong bullish move has not yet confirmed the uptrend on the 8-hour timeframe.
Wait for a retracement and confirmation of the uptrend to be able to enter a buy with EURUSD.
After the price has confirmed bullish, the next move target is 1.22000.
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Wish you all have a good trading day!
Structure: The downtrend has been broken, Key level at 1.19000 has been broken.
However, this strong bullish move has not yet confirmed the uptrend on the 8-hour timeframe.
Wait for a retracement and confirmation of the uptrend to be able to enter a buy with EURUSD.
After the price has confirmed bullish, the next move target is 1.22000.
-----------------------------------------------------------------------------------------------
Wish you all have a good trading day!
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