TradingView
Lingrid
Apr 6, 2023 7:07 AM

Lingrid | EURUSD fake BREAKOUT of the RESISTANCE zone? Short

Euro Fx/U.S. DollarFXCM

Description

The price dropped from resistance zone and fixed below the level at 1.09100 - 1.09200. The market failed to remain above the resistance that rejected the price two times. I expect the price to come up to the resistance and form a fake break then go down. Fakeout is going to be price rejection that will show the price might down 3rd time. My goal is around support at 1.08400

Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Comments
Remmyforexacademy
the resistance is not that strong though. I think
UnknownUnicorn52780235
Probably right
DJLOOTSA
I dnt think is wise to trade eurusd with nfp tomorrow protect balance is nt worth it
alialhadik962
Greetings, your analyzes are wonderful and your ideas are perfect and hit the target accurately. I wish you success
DAY_PROFITS
Nice Analysis here , thanks for sharing.
FOREXN1
Thanks for you Opinion , let's see what will happen :)
TradingBrokersView
Great entry point, thanks for the suggestion, we will surely look more into it.
iamkhizar
is today's news gonna impact this much?
decimalDiamond26766
Hello traders. The price of EURUSD will climb up around 1.09490 then little descending 1.09428 then back to climb up to 1.09968 then it will descending to 1.08727 .Also. focus on price climbing up for this session. Please
needfulSeafowl811
@decimalDiamond26766, mmh I don't know it still rejecting resistance level at 1.09100
More