At the beginning of the year, the price bounced off the support line at 89.27 and from that moment an ascending channel began to form. Moving in the channel, the price could even break through the strong support line at 91.42. Then it rose to the resistance of 92.51 and fell again to support.
Now the price is in the strong zone at 91.37. In this zone, the support trend line and the strong line of July 2020 intersect. The price has already bounced off the zone and started to rise, so I expect it to continue to rise and touch the resistance zone at 92.51.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Now the price is in the strong zone at 91.37. In this zone, the support trend line and the strong line of July 2020 intersect. The price has already bounced off the zone and started to rise, so I expect it to continue to rise and touch the resistance zone at 92.51.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
💰FREE FOREX signals in Telegram: bit.ly/3F4mrMi
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎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.
💰FREE FOREX signals in Telegram: bit.ly/3F4mrMi
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎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.