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AmirSoraya
Sep 28, 2022 8:05 PM

Bull Breakout After Testing Prior Low, Next Bulls Target Long

Euro Fx/U.S. DollarFXCM

Description

Last Analysis on EURUSD and Expecting 2 Legged Upside Move:


After a sell climax, price moved down and broke below bear trend extreme and sell climax.

There was no strong breakout below trend extreme, actually it was breakout was failed and reversed up strongly.

First leg formed, now we expect another leg (or legs) up. Targets for Bulls can be: 1)50% PB 2)BO Point

Don't remember that major trend is bearish and this upward movement is just a correction, I think!

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