MMBTtrader

EURUSD creating reversal pattern and fall or fly with support?

FX:EURUSD   Euro / U.S. Dollar
As we can see on this analysis we considered both possible ways with paths we don't expect that paths completely and totally followed we may have range here too and for now important support and resistance zone for opening long or short positions are :
Support :
A. 1.1860
B. 1.1830
C. 1.1800
Resistance :
A. 1.1900
B. 1.1980
C. 1.2080

this daily channel is strong and valid this is analysis based on lower-side that is channel support :

DISCLAIMER:
1.trade carefully and have stop loss for sure
2.Past performance is not indicative of future results.


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Comments

Nice analysis
+3 Reply
interesting and thx for the breakdown
+1 Reply
Nice View Like always :)
+1 Reply
Excellent breakdown, well done. 😉
+1 Reply
Awesome education
+1 Reply
Very nice analysis!
+1 Reply
good analysis
+1 Reply
Love the explanation and the chart! We have a similar bias and a graph posted🙌🏻
+1 Reply
Thanks for sharing
+1 Reply
Thanks for the analysis
+1 Reply
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