At the end of October, the dollar showed steady growth. First, the price approached the resistance line.
And then, after a short movement along this line, she fell. Thereby, perfectly fulfilling my expectations according to the previous forecast.
During the sharp fall, the price broke through the line. resistance and now we see that it has come to a strong support level. And this gives us a good signal to open a buy trade! I expect the price to bounce off the level and rise back to the resistance line. This will be the expected TP. I will not tire of reminding you about SL - set it below the support level in case the price can break it.
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.