EURUSD Bullish Pattern 1 Hour

In the current analysis of the EURUSD chart, a discernible bullish trajectory is observed. Utilizing Fibonacci Retracement as a strategic tool, we aim to identify optimal entry points for long positions. This entails strategically entering trades with a favorable risk-reward ratio, typically at levels where price retraces against the prevailing bullish trend. Our objective is to secure long positions with a risk-reward ratio of 1:2, thereby maximizing potential gains while mitigating downside risks.