EURUSD ready to break resistance or again more falling ?
in long term scenario this is what expected:
so market is still bearish and even more fall expected but for now and short-term trading with targets near 100 pips this is entry point and Target for start of new week.
Target :1.1850(+ 100--120 pips)
Green trendline :middle of channel and valid trendline that price react by touching that before
Green path : if we have breakout on strong resistance that shown by Red line then this path expected with new target that is defined
Red path : our position based on this scenario and talked about it
<<Traders comment below and let me know your opinion about this analysis even simple ((agree)),((not sure))>>
<<press like👍 if you enjoy💚>>
so market is still bearish and even more fall expected but for now and short-term trading with targets near 100 pips this is entry point and Target for start of new week.
Target :1.1850(+ 100--120 pips)
Green trendline :middle of channel and valid trendline that price react by touching that before
Green path : if we have breakout on strong resistance that shown by Red line then this path expected with new target that is defined
Red path : our position based on this scenario and talked about it
<<Traders comment below and let me know your opinion about this analysis even simple ((agree)),((not sure))>>
<<press like👍 if you enjoy💚>>
My telegram channel:
t.me/mmbtchannel
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t.me/mmbtchannel
VIP Channels:
Forex:+400Pips & Crypto +420% monthly profit at VIP.
check pinned message in telegram for more information.
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