MMBTtrader

EURUSD near strong support zone (trendline and daily support)

Long
FX:EURUSD   Euro / U.S. Dollar
As we can see we are near strong daily support :
and we have valid trendline shown with green line and pressure of buy is obvious each time this trendline touched before so we set buy position on this trendline and bearish market to show two things:
1.for sure market need some rest here
2.market respect major and important daily support as we talked about it

Notice :why on this level we open long position?
1.daily support
2.fiboancci -%0.27 and first place for sellers to take profit
3.valid trendline

previous analysis, that we expected this huge fall (+200 pips in profit) :

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


<<Traders comment below and let me know your opinion about this analysis even simple ((agree)),((not sure))>>
<<press like👍 if you enjoy💚>>
Our telegram channel :
https://t.me/mmbtchannel
join for receiving analysis and ... on time

Comments

Interesting idea. Thanks for sharing
+1 Reply
Appreciated view. Looking forward to more mate ;)
+1 Reply
MMBTtrader StevesTradingV
@StevesTradingV, thanks a lot friend
Reply
Hello, total agree!
+1 Reply
MMBTtrader Henry_Ross
@Henry_Ross, hi thanks dear
Reply
well done
+1 Reply
MMBTtrader otaku-trader
@otaku-trader, most welcome
Reply
Nice chart mate🔥
+1 Reply
MMBTtrader FieryTrading
@FieryTrading, most welcome brother 🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥
Reply
Nice Idea. Thanks
+1 Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter