We return to this pair a week after the last forecast. It came true exactly as I said.
After the ideal touch of the upper border of the channel - the resistance line, the price dropped to the support line and pushed off from it.
However, now I believe that the price will exit this channel, ending the movement in it.
We see that there is a resistance line in its path. I believe that the price will rise to this line and then reverse in a downtrend. The fact is that this resistance line is very strong - it has existed since March 2019.
But the support line is also strong - from August 2019. Thus, the final target: the support line.
Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad👩💻
After the ideal touch of the upper border of the channel - the resistance line, the price dropped to the support line and pushed off from it.
However, now I believe that the price will exit this channel, ending the movement in it.
We see that there is a resistance line in its path. I believe that the price will rise to this line and then reverse in a downtrend. The fact is that this resistance line is very strong - it has existed since March 2019.
But the support line is also strong - from August 2019. Thus, the final target: the support line.
Traders, if you liked this idea or have your opinion on 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.