GBPUSD starts grow in channel
Since September, the price formed a small upward channel and moved in it.
Now the price has come to the support line (lower channel line).
The price bounced off of it and began to rise.
I expect the price to continue to rise. However, along the price path, we see another resistance line.
Therefore, now I expect the price to rise exactly to this line (not the channel line).
The target is the nearest resistance line.
--------------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
Now the price has come to the support line (lower channel line).
The price bounced off of it and began to rise.
I expect the price to continue to rise. However, along the price path, we see another resistance line.
Therefore, now I expect the price to rise exactly to this line (not the channel line).
The target is the nearest resistance line.
--------------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
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bit.ly/3spSQqC
🔻FREE Telegram channel🔻
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t.me/DeGRAMForex
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