MMBTtrader

EURUSD Creating reversal pattern and fall or more range here ?

Short
FX:EURUSD   Euro / U.S. Dollar
As we can see price near this strong resistance zone created reversal pattern and only after it completed (broke neckline) market will provide some strong bear candle and that would be rest for EURUSD after these sharp movement of news and .... .

Target we are looking is around 1.2000 that is previous resistance zone and now has high potential of being support zone .

DISCLAIMER:.
1.trade carefully and have stop loss for sure
2.Past performance is not indicative of future results.


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Trade closed: target reached: Breakout as expected and there is local support here you can save some profit
Trade closed: target reached: retest completed too and here with 100pips profit you can save some profit and soon we may have update


more fall is expected too.
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Comments

Great call mate
Thanks for sharing
+1 Reply
Amazing work here! Thanks for sharing mate ;)
+1 Reply
nice job here, thanks 🦐️!
+1 Reply
well, that was spot on
Reply
Thanks for sharing :)
Reply
Good one bro
Reply
possible further downside from the price :) will see how the lower time frames develop thx
Reply
Nice setup! thank you for sharing!
Reply
TOP , correct ! ! !
Reply
Good perspective🔥
Reply
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