DeGRAM | EURUSD breakout of trend and fall
An important breakdown occurred in April.
The price left the downtrend (January 2021).
The price broke through the support line (at that moment of resistance) 1.191.
After that, it has grown to the September 2020 resistance at 1.202.
The price shows a slight increase and tries to break the line.
I expect that if a breakout occurs, it will be false.
I expect the price to fall from resistance 1.202 to support (line January 2021 + line March 2020).
The target is 1.180.
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Share your opinion in the comments and support the idea with likes.
Thank you for your support!
The price left the downtrend (January 2021).
The price broke through the support line (at that moment of resistance) 1.191.
After that, it has grown to the September 2020 resistance at 1.202.
The price shows a slight increase and tries to break the line.
I expect that if a breakout occurs, it will be false.
I expect the price to fall from resistance 1.202 to support (line January 2021 + line March 2020).
The target is 1.180.
--------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
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