EURUSD made a false break Short

Euro Fx/U.S. DollarFXCM

Description

⋅ Oct 23, 2019 3:20 AM

Hello Traders!

EURUSD made a false breakdown of an important resistance line.
And in 80% of cases after a false break, the price moves strongly in the opposite direction.
I predict a fall to level 1.1

Comments

MohamedkFX

⋅ Oct 23, 2019 9:11 PM

I think it will go up to 1.12430 before it starts going down. that's what my eyes see on the chart and not driven by emotion.

UnknownUnicorn3442968

⋅ Oct 23, 2019 1:43 PM

Let me know what you think

masterforextrader

⋅ Oct 23, 2019 12:30 PM

you are correct about the direction that the eur/usd will fall. We are already in a sell trade :)

DeGRAM

⋅ Oct 23, 2019 3:37 AM

Write what you think about EURUSD

FarazFX

⋅ Oct 24, 2019 2:51 AM

@ForexTimes_, what would be the SL?
Thanks