EURUSD rejected our green supply zone and traded lower. EURUSD is now approaching our lower brown trendline so we will be looking for buy setups.
Moreover, the area 1.160 - 1.165 is a "Resistance turned into Support".
So the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the green support and lower brown trendline.
As per my trading style: I will be waiting for it to approach the highlighted purple circle area to look for buy setups (like a double bottom , trendline break , and so on...)
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly! ~Rich
Thanks for sharing and let s see