EURUSD in high potential sell area

From MMBTtrader

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


<<Traders comment below and let me know your thinking about this analysis even simple ((agree)),((not sure))>>

“””Source from Tradingview”””


No responses yet

Leave a Reply

Your email address will not be published. Required fields are marked *