MMBTtrader

EURUSD broke trendline and more rise is expected

Short
FX:EURUSD   Euro / U.S. Dollar
On this strong resistance zone that is shown with red rectangle for sure some correction is needed and targets for this fall are :
Targets :
A. 1.1910(retest break out and rise is expected from this area)
B. 1.1840
but after correction we expect rise and if second target if fall touch after that we may have creation of H&S and more gain is expected too so for now we would have little correction and continuation of rise to the targets that marked on chart
Targets:
A. 1.2000
B. 1.2147
Notice :
market is strongly bullish and rise can continue now too without correction .
DISCLAIMER:
1.trade carefully and have stop loss for sure
2.Past performance is not indicative of future results.


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Comments

Look at my idea. Its Hitting the target.
Reply
good idea
Reply
awesome 👍....
I have my to @ 1.20497
Reply
Good idea
Reply
Looks great. Keep it up
Reply
Good content💪
Reply
Agreed!!!!! Great analysis
Reply
Clean and detailed analysis. Thanks for sharing your insights. 🙌
Reply
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