Price is trending inside a rising channel on the 4H and is pulling back into the 0.8000 support zone (mid-channel). As long as this blue area holds, the bullish structure remains intact.

Bullish setup: Look for longs on a reaction above 0.8000–0.7980.

Targets: 0.8060 first, then the channel top near 0.8120–0.8150.

Invalidation: A 4H close below 0.7960 would weaken the setup and expose 0.7900.

️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.

Stick to your trading plan regarding entries, risk, and management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Richard Nasr.