EURUSD;Understanding Trendline Breakouts in Forex Trading | Forex BD
Trendline Break: The price action shows a clear break above the previous downward trendline, signaling a potential reversal of the downtrend. Retest Zone: After the breakout, the price has pulled back to a support zone that aligns with the broken trendline, which is a typical retest pattern. Fib Retracement Levels: Fibonacci retracement levels, such as […]
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