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Lingrid
May 18, 2021 9:06 AM

EURUSD FALL after false breakoutΒ Short

Euro / U.S. DollarFOREX.com

Description

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As I said yesterday, the price continued to rise to the resistance line and reached the position 1.220.

It also made a small false breakout of the December 2020 resistance line. I expect that after this breakout, the price will reverse out of the resistance zone and continue to fall. So my final target is the 1.203 support line.

Traders, if you like this idea or have your own opinion about it, write in the comments. I will be gladπŸ‘©β€πŸ’»
Comments
udaysankar013
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@intergold Correct...
Cyber-FX
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Lolex On Your Analysis, Its Moving Only Towards Upside, Not a Single Analysis of yours Move In Your Favour Towards Sell, And still you are Putting Analysis... πŸ˜‘
Lingrid
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@Cyber-FX, I'm showing you the possible outcome of events)
the most important thing is that you understand the difference between a forecast and a signal
it would be nice if you could share your misli about price movement
intergold
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Where are your ideas Lingrid?? We miss them sooo much!! πŸ˜€
udaysankar013
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@Lingrid last few days Eurusd idea given rubbish...
Lingrid
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@udaysankar013, why can't you explain your thoughts?
easiest to say is that you don't like something
better share your thoughts and idea
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