Let me remind you of the price movement using the example of my last two predictions that came true. First, after a sharp drop, the price came to the resistance level and brought us a profit from the purchase.
Then, she fell to the support line and is now on it.
This support line was formed at the beginning of the year, in February. And apart from this October, the price dropped below this line for the last time back in May.
Therefore, now I expect that the price will not be able to break through this line and will start to grow. This is a signal to open a buy trade. SL will pass at the strong support level 0.931. TP - resistance level 0.944.
Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad👩💻
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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.