as we can see we are in an important zone right now
a. here around 1.2140 we have local resistance that lately we had price reacted with that and fall about 60 pips so would be nice area to open some short position however
b. important resistance zone (1.2180--1.2200)may touch soon that is shown by pink rectangle and real sell pressure will added there and sellers are waiting for that opportunity
TARGETS :
a.1.2080
b.1.2012
<<Traders comment below and let me know your thinking about this analysis even simple ((agree)),((not sure))>>
a. here around 1.2140 we have local resistance that lately we had price reacted with that and fall about 60 pips so would be nice area to open some short position however
b. important resistance zone (1.2180--1.2200)may touch soon that is shown by pink rectangle and real sell pressure will added there and sellers are waiting for that opportunity
TARGETS :
a.1.2080
b.1.2012
<<Traders comment below and let me know your thinking about this analysis even simple ((agree)),((not sure))>>
Trade active
we touch sell zone and drop began 🤑Trade closed: target reached
first target reach and we are near final target good luck with profit 🤑❤
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My telegram channel:
t.me/mmbtchannel
VIP Channels:
Forex:+400Pips & Crypto +420% monthly profit at VIP.
check pinned messages in my telegram channel for more info.
Related publications
Disclaimer
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.