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ForexTrendline
May 12, 2023 4:54 AM
Breakout on EURUSD
FX_IDC:EURUSD
60
EURO / U.S. DOLLAR
ICE
Description
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May 12, 2023 4:54 AM
Yesterday EURUSD broke and tested 1,0949.
This gives a chance for short term sells targeting 1,0840.
It’s important to watch if the movement has strength. Upon sharp drops , hold and move the stop. When the movement is exhausted, lower the risk and close the position.
No grounds for long term sells at the moment.
Trend Analysis
Support and Resistance
Supply and Demand
EUR
USD
signals
candlestickpattern
breakout
priceaction
pivot
Comments
FirstNameHelen
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May 13, 2023 2:20 PM
Good chart mate, I'm agree with your analytics, it's possible
LegionQ8
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May 12, 2023 2:56 PM
Really like your chart, I have the same opinion
KlejdiCuni
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May 12, 2023 12:48 PM
It looks like a very good scenario. Thanks for sharing
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