MMBTtrader

EURUSD is going to retest breakout again?

Short
FX:EURUSD   Euro / U.S. Dollar
we have breakout in trend line and what we expect is this that market provide huge fall after retest of this breakout

so we can expect market reach our targets :
a.1.2015
b.1.1960

Red path :retest will completed by Blue circle once again and falling scenario will continue and price will fall and targets soon will reach But...

Green path :But if trendline broke once again and retest get complete then we would see completely a bullish market and targets would be
A.1.2170
B.1.2220

here and this strong resistance area is very important and we catch it many times before like :

<<Traders comment below and let me know your thinking about this analysis even simple ((agree)),((not sure))>>
Trade closed: target reached: +170 pips in two days
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Comments

I've got bearish bias on this one, but lets see, thanks for sharing!
+2 Reply
MMBTtrader ProSignalsFx
@ProSignalsFx, we are bearish too and our targets
Reply
Great analysis, keep up the good work!👏 It looks like it has some more room to drop. Let's see how it will unfold.
+2 Reply
MMBTtrader financialflagship
@financialflagship, thanks lot
+1 Reply
nice and I think
+1 Reply
MMBTtrader Trader_OMS
@Trader_OMS, well done
Reply
nice analysis mate
+1 Reply
MMBTtrader Serana2324
@Serana2324, thanks a lot
Reply
Quality work thank you!
+1 Reply
MMBTtrader BigLava
@BigLava, most welcome
Reply
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