MMBTtrader

EURUSD daily low break more fall or fake breakout ?

Lång
FX:EURUSD   Euro / USA-dollar
As we can see price is below the daily low and this is not a good sign for bulls so we can expect more dump and heavy fall here to the downside.

But if the price respects the last support zone that is the blue support zone and after that goes above the daily low again then we had a fake breakout and so many stop-loss hits and soon after that, we can expect a heavy pump.

<<press like👍 if you enjoy + comment your opinion about the market or your thoughts, below this analysis >>

My Free telegram channel:
t.me/mmbtchannel

VIP channels:
Forex:+400 Pips and Crypto +245% monthly PROFIT VIP CHANNELS.
check the pinned message in telegram for more info and plans.
Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.