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Lingrid
Feb 20, 2021 1:46 PM

EURAUD in CHANNEL LONG Long

Euro / Australian DollarFOREX.com

Description

For about four months, the price has been in a descending channel. And now we can watch how it moves from one line to another. Now I am waiting for the price to come to the lower channel line and push off from there and go up. The final target is the resistance line.

Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Comments
DeGRAM
Well done, i came to the same conclusion.
Lingrid
@DeGRAM, thanks
castrao
on my opinion it can't go much further down, expecting a reveal at 1.5340 area.
Lingrid
@castrao, 👍
stevendsouza589
Thank you.
Lingrid
@stevendsouza589, you`re welcome)
TradingAlchemist
confident saying that you taught us a lot with your analysis dear
Lingrid
@TradingAlchemist, thanks so much)
Solldy
Good idea! Price will follow your direction!
Lingrid
@Solldy, thanks for your support)
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