EURUSD ! Formation of pre-breakdown consolidation. Growing up 😎

FX:EURUSD   Euro / U.S. Dollar
EURUSD , after the formation of a double bottom relative to the level of 1.03660, recovers to resistance and after a false breakout, the price does not fall, but enters a consolidation phase. Relative to the resistance of the trading range, a pre-breakout trading is formed, which may suggest a breakdown of resistance.

I suppose the price will exit the range up after the formation of pre-breakdown consolidation. Short-term target is resistance 1.0655 and medium-term target is liquidity zone 1.07490

Sincerely, R. Linda!

🤩I trade with a major player, I know where his orders are

💪🏽Average profit on crypto ➕2️⃣0️⃣0️⃣0️⃣% per month

💪🏽Average Forex profit ➕2️⃣5️⃣0️⃣0️⃣ pips per month

😎I know all the traps of a market maker

📲My telegram https://bit.ly/3MzgvhH

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.