Looking to go long on EURUSD. Three confluences on this one for me. We have a 4H TL, where we are about to see the 3rd touch, which is a powerful confluence on it’s own. Along with this, we have the 88% fib, and a untested demand zone.
I would expect this trade to hold all the way up to 1.09868, maybe higher. However, this may take some time. We may see some retracements along the way.
Let me know what you think below. Thank you.