EURUSD "stuck" at the level and will fall
The price has been "stuck" at the support-resistance level for several days.
I am still in the mood for a fall after such a strong consolidation in the level.
Remember, I talked about this on Monday.
And yesterday I updated the idea.
On the daytime TF, you can see all the lines to scale.
We get two overlapping channels that affect the price.
Now the price is at the support-resistance level.
In fact, in the middle of each of the channels.
Since before that the price movement was very sharp, as well as the resistance line from which it fell on Monday is very strong, I expect a fall.
The target is the nearest support line.
--------------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
I am still in the mood for a fall after such a strong consolidation in the level.
Remember, I talked about this on Monday.
And yesterday I updated the idea.
On the daytime TF, you can see all the lines to scale.
We get two overlapping channels that affect the price.
Now the price is at the support-resistance level.
In fact, in the middle of each of the channels.
Since before that the price movement was very sharp, as well as the resistance line from which it fell on Monday is very strong, I expect a fall.
The target is the nearest support line.
--------------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
🚀TOP 1 broker🚀
bit.ly/3spSQqC
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
🔻Contact for Paid SIGNALS🔻
t.me/DeGRAMForex
bit.ly/3spSQqC
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
🔻Contact for Paid SIGNALS🔻
t.me/DeGRAMForex
Related publications
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.