Lingrid | EURGBP short after FAKE Breakout of the RESISTANCE

15 Şub

The market bounced off main support, and it updated swing highs and higher lows. It broke through the downward channel. The price has reached the resistance zone on the daily timeframe. Additionally, the major trend is bearish. I think the market may go above the 0.85500 resistance level to grab some liquidity to move lower, bouncing off the upward trendline. I expect the price to go to resistance if the price presents rejection candles. My goal is the support level at 0.85350


Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻