EURUSD Higher Low Setup Targeting 1.1850Euro vs US DollarICMARKETS:EURUSDSMC-Trading-Pointhe blue box (~1.1630 – 1.1670) is your support / demand zone It aligns with: Previous structure The 200 EMA (black) → dynamic support Price tapped it and reacted → buyers stepped in 📐 Your Setup (What You Drew) Fibonacci retracement: Entry area: 0.705 – 0.79 (~1.1715 – 1.1730) Targets: TP1: ~1.1763 TP2: ~1.1850 (range high / major liquidity) This is a continuation long after pullback—solid concept. ✅ What’s Strong Here Trend = bullish (higher highs + higher lows) ✔️ Pullback into confluence zone (support + EMA + structure) ✔️ Clean impulse → correction → continuation model ✔️ This is much better than trying to catch reversals. ⚠️ What Needs Attention Price is currently: Still below the 50 EMA (blue) short-term Coming off a sharp rejection from highs (~1.1850) That means: 👉 Momentum cooled off 👉 Market may range before continuation 🧠 Ideal Confirmation Don’t just buy the Fib blindly—wait for: Break of minor lower highs (around 1.1730 – 1.1750) Strong bullish candle reclaiming the 50 EMA Or a higher low formation on lower timeframe 📊 Clean Trading Plan Aggressive entry: 0.705–0.79 zone (your plan) Safer entry: break + hold above ~1.1750 Invalidation: sustained move below ~1.1630 💡 Honest Take This setup is valid and aligned with trend, unlike your gold one which was counter-trend. If I had to choose: 👉 I’d take this over XAUUSD every time Just don’t rush the entry—let price prove continuation first.