I usually use this method for trading in the stock market. But it seems I see an opportunity for this method for EURUSD. These technicals take advantage of market activity in the single session H4 and D1 against major trend movements. We know that the euro is under bearish pressure, counter the trend will be depicted as a long bullish candle, which becomes the reference for support and resistance. The momentum indicator can be used as the first confirmation before a trend continuation occurs, see on the chart how it works.
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