EURUSD immediately dropped as soon as the open of the market on Sunday evening. Currently the pairs gives no clear signal for retail traders to get involve in a BUY or SELL order at the moment which means we may see complications in the price action movement for a while before getting the actual trend for traders to take advantage of. In this report, I have spotted some price Break Point for traders for traders to look out for a trade.
SHORT STRENGTH
A break below price 1.0483 may server as a break point for sellers to take over the market on a long run, speculative traders should note the price point and look for SHORT trades opportunities after a break is obviously seen from the price point. A confluence for short strength at that price point is the most recently formed level of support which pushed market to the upside, a break and retest from the level may cause price to push lower.
LONG STRENGTH
For traders to find LONG trades opportunity, there should be a look out for a counter trend structure break at price 1.0557. Note that this price point may act as a level of resistance for price to push back to the downside, a false break out should be carefully examined.
Trades Wizard Academy📈📉
Stay Discipline Learn & Earn🤑🤑💯💯
Ahmed Loyal...
Your honest trading coach
SHORT STRENGTH
A break below price 1.0483 may server as a break point for sellers to take over the market on a long run, speculative traders should note the price point and look for SHORT trades opportunities after a break is obviously seen from the price point. A confluence for short strength at that price point is the most recently formed level of support which pushed market to the upside, a break and retest from the level may cause price to push lower.
LONG STRENGTH
For traders to find LONG trades opportunity, there should be a look out for a counter trend structure break at price 1.0557. Note that this price point may act as a level of resistance for price to push back to the downside, a false break out should be carefully examined.
Trades Wizard Academy📈📉
Stay Discipline Learn & Earn🤑🤑💯💯
Ahmed Loyal...
Your honest trading coach
