EURGBP will FALL in two stages
Last time we discussed with you that the price that at that moment came to the support zone will continue to move in this zone and then start to fall.
Now the first part of the forecast is being fulfilled - the price has come to the resistance line and is moving along it. This resistance line formed in the summer of 2020 and has been correcting the price movement all this time.
Therefore, now I am confident that the resistance line 1.336 will also interrupt the price growth and reverse it in a downtrend. I expect the price to fall in two stages. At first it will fall to the 1.326 support line, but will break it and fall to the 1.310 support line. This is our target.
Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩💻
Now the first part of the forecast is being fulfilled - the price has come to the resistance line and is moving along it. This resistance line formed in the summer of 2020 and has been correcting the price movement all this time.
Therefore, now I am confident that the resistance line 1.336 will also interrupt the price growth and reverse it in a downtrend. I expect the price to fall in two stages. At first it will fall to the 1.326 support line, but will break it and fall to the 1.310 support line. This is our target.
Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩💻
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🚀FREE CRYPTO signals in Telegram: bit.ly/3J4aRVE
🏆TOP Broker: lingridedu.com/brokerFXPro
🌎WebSite: lingrid.org
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.
📚The BEST Trading Course: t.me/lingrid
💰FREE FOREX signals in Telegram: bit.ly/3F4mrMi
🚀FREE CRYPTO signals in Telegram: bit.ly/3J4aRVE
🏆TOP Broker: lingridedu.com/brokerFXPro
🌎WebSite: lingrid.org
💰FREE FOREX signals in Telegram: bit.ly/3F4mrMi
🚀FREE CRYPTO signals in Telegram: bit.ly/3J4aRVE
🏆TOP Broker: lingridedu.com/brokerFXPro
🌎WebSite: lingrid.org
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.