Since the beginning of last week, the price has been trying to break through the strong resistance line at 0.917. Each time, 0.901 support was the basis for a strong spasmodic growth.
This is the zone that was formed in October and regularly adjusts the price during both rallies and falls.
Both times, after the price touched the resistance, it fell back to the zone. And each time during the fall and growth, it broke through the resistance line which has been on the schedule since June.
And now, after the rebound from the resistance line at 0.917, the price has broken through the resistance line at 0.911 and continues to fall. I am sure that it will continue to fall, as in both previous times - the situations are very similar.
Therefore, now I expect the price to fall from the resistance line to the 0.900 support line - within the boundaries of the designated zone. This will be our goal.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
This is the zone that was formed in October and regularly adjusts the price during both rallies and falls.
Both times, after the price touched the resistance, it fell back to the zone. And each time during the fall and growth, it broke through the resistance line which has been on the schedule since June.
And now, after the rebound from the resistance line at 0.917, the price has broken through the resistance line at 0.911 and continues to fall. I am sure that it will continue to fall, as in both previous times - the situations are very similar.
Therefore, now I expect the price to fall from the resistance line to the 0.900 support line - within the boundaries of the designated zone. This will be our goal.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
💰FREE FOREX signals in Telegram: bit.ly/3F4mrMi
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
💰FREE FOREX signals in Telegram: bit.ly/3F4mrMi
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.