The price continues to move in an upward channel. My last prediction. The price bounced off the lower channel line (support) 1.217 and rose exactly as I predicted. The ascending channel, in which the price is located, is formed by a growing movement within the larger channel. The price is approaching its upper line (formed in 2019). As the price continues to rise from the support at 1.217, I expect its further movement in several stages: 1. The price will complete the growth and come to the resistance line 1.239. 2. The price will fall from resistance, leave the channel and come to the support line. Target 1.222.
-------------------- Share your opinion in the comments and support the idea with likes. Thank you for your support!
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.