⚠️USDCHF breakdown of resistance and growth
The price has been dropping in the channel since April 2019.
At the same time, it has already made false breakouts of trend support three times.
June and August 2019 and May 2021 are marked on the chart.
After such breakouts, the price started to rise.
I expect the price to be:
1 - will rise to the resistance level of 0.918.
2- gain a foothold on it.
3 - will continue to rise to the resistance line (May 2019).
The target is 0.925.
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Share your opinion in the comments and support the idea with likes.
Thanks for the support!
At the same time, it has already made false breakouts of trend support three times.
June and August 2019 and May 2021 are marked on the chart.
After such breakouts, the price started to rise.
I expect the price to be:
1 - will rise to the resistance level of 0.918.
2- gain a foothold on it.
3 - will continue to rise to the resistance line (May 2019).
The target is 0.925.
-------------------
Share your opinion in the comments and support the idea with likes.
Thanks for the support!
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bit.ly/3spSQqC
🔻FREE Telegram channel🔻
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