EURUSD will continue to fall
After a sharp fall and breaking through two resistance lines, the price fixed on one of them.
We keep the direction of the previous trade and expect a fall.
The weekly chart shows that this is a very strong resistance.
In July, the price already managed to break through these lines during a strong growth.
Now it happened in a downtrend.
And the fact that the price was able to break through this zone, as well as adjust to the line, may indicate the beginning of an imminent fall.
This is a good sell signal for us.
I expect the price to fall towards the historically strong support line - TP.
SL - resistance zone in the area of two lines.
--------------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
We keep the direction of the previous trade and expect a fall.
The weekly chart shows that this is a very strong resistance.
In July, the price already managed to break through these lines during a strong growth.
Now it happened in a downtrend.
And the fact that the price was able to break through this zone, as well as adjust to the line, may indicate the beginning of an imminent fall.
This is a good sell signal for us.
I expect the price to fall towards the historically strong support line - TP.
SL - resistance zone in the area of two lines.
--------------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
🚀TOP 1 broker🚀
bit.ly/3spSQqC
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
🔻Contact for Paid SIGNALS🔻
t.me/DeGRAMForex
bit.ly/3spSQqC
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
🔻Contact for Paid SIGNALS🔻
t.me/DeGRAMForex
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.