USDCHF ready for new GROWTH
As I said in my previous forecast, after the fall, the price found the strength to go up and broke through two support lines.
Recall that in July the price made a big fall, breaking through the historical resistance level and dropping to the support level. This is important, because usually after such strong falls and breakouts, the price tries to restore positions. What we see now.
Now the price has risen from the support level, has broken through the line and fixed on it. This support line has existed since 2019, which gives us reason to believe that the price will go up.
Thus, I expect the price to rise towards the resistance line and area.
Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad👩💻
Recall that in July the price made a big fall, breaking through the historical resistance level and dropping to the support level. This is important, because usually after such strong falls and breakouts, the price tries to restore positions. What we see now.
Now the price has risen from the support level, has broken through the line and fixed on it. This support line has existed since 2019, which gives us reason to believe that the price will go up.
Thus, I expect the price to rise towards the resistance line and area.
Traders, if you liked this idea or have your opinion on 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.