As I said in my previous analysis, the price had entered a clear channel and go down.
Now she continues to move in this channel. It is important to note that before the price formed a downward channel, there was a strong increase, which served as an impulse.
Now the price has come to a strong support line that has existed since at least January 2020.
I expect that this line will stop the price and it will grow to the intersection of the resistance lines - 0.907.
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.