Hello my fellow traders, hope you'll making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis.
As we can see that the pair had an amazing rally starting from 1.12000. It's now close towards its resistance (Resistance D1). It will be interesting to see what the pair does after hitting the D1 resistance line. If it breaks it will go up, till its first resistance and then it will retest and move towards its second resistance. But if it fails to break the resistance (D1) then it will fall back to its support line. Wait for the conformation.
Let us know your views on this in the comment section. Thank you all.
There is a good news for our followers. We will be doing analysis on demand. So let us know which pair you want our analysis on and we will get it for you. Do like and follow us.
Ryan.R.Lopes
As we can see that the pair had an amazing rally starting from 1.12000. It's now close towards its resistance (Resistance D1). It will be interesting to see what the pair does after hitting the D1 resistance line. If it breaks it will go up, till its first resistance and then it will retest and move towards its second resistance. But if it fails to break the resistance (D1) then it will fall back to its support line. Wait for the conformation.
Let us know your views on this in the comment section. Thank you all.
There is a good news for our followers. We will be doing analysis on demand. So let us know which pair you want our analysis on and we will get it for you. Do like and follow us.
Ryan.R.Lopes
Comment:
one can open a sell trade or wait for the pair to retest
Comment:
take a sell trade. keep your tp around support.
let us know if you took the trade
let us know if you took the trade