EURUSD near strong support zone (trendline and daily support)

25 mars 2021

As we can see we are near strong daily support :

and we have valid trendline shown with green line and pressure of buy is obvious each time this trendline touched before so we set buy position on this trendline and bearish market to show two things:
1.for sure market need some rest here
2.market respect major and important daily support as we talked about it

Notice :why on this level we open long position?
1.daily support
2.fiboancci -%0.27 and first place for sellers to take profit
3.valid trendline

previous analysis, that we expected this huge fall (+200 pips in profit) :

DISCLAIMER:
1.trade carefully and have stop loss for sure
2.Past performance is not indicative of future results.
3.and enjoy


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