EURUSD has been in an uptrend in the daily time frame. So we are only looking for buys. Right now the price is going sideways, so we will wait until the price break above the zone to enter Buy positions.
If we look at the H4 timeframe it is clear that the price is in an uptrend and this move below the zone could be a liquidity spike. So if we have a close above the zone immediately then we may look for buys.
So EURUSD did exactly the same as we said. It was only the liquidity spike below the zone and the price immediately came back above the zone. So now we are looking for a retest of the same zone in order to get the good risk to reward. If we don’t get a retest of the previous zone so then we may look for buying opportunities in the H1 time frame.