Invezted

Eur/Usd pullback trading opportunity at major resistance?

FX:EURUSD   Euro Fx/U.S. Dollar
35 0 3
Context:

Price broke out of a minor range and the retest of thet broken resistance at 12900 held
and turned support for now , any higher low near that level will reveal itself a opportunity
to go long and test the major resistance of 14520 again . however as we trade near a major resistance level
one should be quick by scratching any longs , a good short opportunity may arise at resistance.


Signs of strength:
Breakout
pullback turned resistance to support

Signs Of weakness:
rejection near major resistance

Support:
12900
12450
12000

Resistance:
13600
14000
14520

www.invezted.com

Related Ideas

Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out