The Euro started moving in the ascending channel
It is currently in a corrective wave,
But considering the wedge formed and the pin bar candle in the 4-hour chart
It seems that the correction has ended and the price is starting to move upwards
And on the other hand:
In addition to the channel ceiling, the price is facing the intersection of three resistance lines above
So I expect the price to decline upon hitting this strong resistance zone
(As shown in the chart)
*Be profitable
Thank you for expressing your opinion by liking and commenting
It is currently in a corrective wave,
But considering the wedge formed and the pin bar candle in the 4-hour chart
It seems that the correction has ended and the price is starting to move upwards
And on the other hand:
In addition to the channel ceiling, the price is facing the intersection of three resistance lines above
So I expect the price to decline upon hitting this strong resistance zone
(As shown in the chart)
*Be profitable
Thank you for expressing your opinion by liking and commenting
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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.