Be patient with EURUSD.
1) D1 seems like the uptrend has paused.
2) H4 is making a Head & Shoulder Pattern.
3) Zooming in to H1, you can see price making a strong Demand Zone by forming a Doji candle, thus making it a Rally Base Rally Demand Zone (1.17409 - 1.17609).
4) To confirm the zone is strong enough, we can see that price has been rejected [4] times when it touches the zone.
5) Be patient and wait. If the price breakout from the H1 Demand Zone, it might be a sell signal.
6) We need to wait for H4 candle to close with high volume(large body) BELOW the Demand Zone. If failed to close below, sell signal is invalid.
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This is just my idea, we can't control the market. Good luck!
2) H4 is making a Head & Shoulder Pattern.
3) Zooming in to H1, you can see price making a strong Demand Zone by forming a Doji candle, thus making it a Rally Base Rally Demand Zone (1.17409 - 1.17609).
4) To confirm the zone is strong enough, we can see that price has been rejected [4] times when it touches the zone.
5) Be patient and wait. If the price breakout from the H1 Demand Zone, it might be a sell signal.
6) We need to wait for H4 candle to close with high volume(large body) BELOW the Demand Zone. If failed to close below, sell signal is invalid.
.
.
.
This is just my idea, we can't control the market. Good luck!
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