EOS Retesting Previous Resistance as Support TO THE PIP
Hey guys,
It’s Sunday night in Sydney and we can chalk up another weekend into the books. A fairly uneventful one for me personally, I must say.
After leaving EOS levels on my charts from last week, I want to highlight how price retests them, even after they’ve seemingly been broken.
Then:
EOS/USD Hourly
Look at these clean breaks of support, then easy retest of previous support this time as resistance.
And now:
EOS/USD Hourly
Look at the way it retests the previous resistance level as support TO THE PIP!
Support/resistance and risk management is all you need to be a profitable trader.
Peace ✌🏻.
@forexbrokr | Steemit Blog
Market Analyst and Forex Broker.
Twitter: @forexbrokr
Instagram: @forexbrokr
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