FX:EURUSD   Euro / U.S. Dollar
You can see marked on the chart with arrows is where price has previously entered my support and resistance zone and bounced therefore making this a very strong area of interest! Already this month price has entered this area and bears have pushed price down 200+ pips, the touch of this zone also happened to come at the 3rd touch of our monthly trendline which if you trade this way is a VERY strong setup.

I do trade the 3rd trendline touch lined up with support and resistance occasionally and usually just on the higher timeframes as these are strong setups.

What i am expecting here is price to continue pushing down to around 1.15000 which is around 200 pips away from current price.

If you need any help trading then just send me a message and i will be happy to help :)

Lots Of Love Laura x.


i like how u do this,thanks for sharing,,,,u look good in that pic too!!
+1 Reply
FreeSignalsUK mortonr539
@mortonr539, Thanks and thanks :)
I like very similar to my idea. I do wonder when the trend line will break
Hello Laura very interesting point of view, i think the same for this trade for the a long time, but we have to wait for a clear reversal because many people is thinking that the main trend is about to break to the upside.

The are two key factors that can make that possible

1.- Debit mutualization in Europe
2.- FED and US government doing whatever it can to take a float the US economy, flooding the market with dollars

So is more probable that the market break up this time
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