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TradingPoint_
May 30, 2021 5:54 PM

EURUSD FAKE BREAKOUT | LETS BUY  Short

Euro Fx/U.S. DollarFXCM

Description

EURUSD actually breakout at trendline and also at strong support level .
Its very well tried to completely break trendline and support level but suddenly it comes and respected trendline and support level.
So we can say it will continue to rise.

It will little bit come down to retest support/trendline level and after that it will must have go to HIT our TP.

So lets buy

BUY EURUSD
============
TP 1: 1.22142
TP 2: 1.22389
TP 3: 1.22624

Strong SL : 1.21281


What you thinking about this chart and analysis ?

Hope you gain more profit.

Thank you.

Trade active

TP 1 HIT ... Congratulations

Comment

Keep Hold... TP 2 is very near.

Trade active

TP 2 HIT.. yayeee ..70% Target Achieved.

Trade closed: target reached

TP 3 is very near but due to news effect closed.

85% target achieved. Congratulation
Comments
neonhyper26
how u know breakout and how u preedict arrow that u draw it will go that way
TradingPoint_
@neonhyper26, see in chart, price is broke the trendline with strong bearish candle and again reversed go up with respect to trendline. if it retest on trendline then its confirm that its converted in down trend but there is no retest done.so its called as fake breakout. Got it ?
neonhyper26
hello one doubt
TradingPoint_
@neonhyper26, Yes Please .How can i help you ?
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