EURUSD created bull trap and falling again ?

26 Şub 2021

As we can see break out on major resistance was not successful last time and created bull trap (fake breakout) and it shows that EURUSD is still weak and not able to reach 1.23 or ... once again for now.

Red path: we expect that this path continues and our targets hit
Targets:
a.1.2085
b.1.2025

Green path:
that fake breakout or bull trap show one more thing here too, what??
that EURUSD has the power to break this resistance too and if if the resistance break once again and retest completed then we have different scenario as I shown here

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

Black path: previous analysis that is 🔽

26 Şub 2021

İşlem kapandı: hedefe ulaştı

first target reached

hope you gain a lot 🤑
+80 pips profit