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💚>>
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t.me/mmbtchannel
VIP channels:
Forex:+400 Pips and Crypto +245% monthly PROFIT VIP CHANNELS.
check the pinned message in telegram for more info and plans.