DeGRAM | EURUSD double touch resistance / Fall
After rising from the trend support (March 2020) 1.171 price:
- broke through the falling channel 1.197.
- touched resistance 1.214.
- worked out the correction and consolidated to the line 1.216.
I expect to fall because:
1 - strong resistance line - February 2020.
2 - the price touched the resistance line 1.214
3 - fell, but worked out the correction and fixed on the line 1.216.
The target is 1.187.
--------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
- broke through the falling channel 1.197.
- touched resistance 1.214.
- worked out the correction and consolidated to the line 1.216.
I expect to fall because:
1 - strong resistance line - February 2020.
2 - the price touched the resistance line 1.214
3 - fell, but worked out the correction and fixed on the line 1.216.
The target is 1.187.
--------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
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