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DeGRAM
Oct 30, 2020 8:47 AM

EURGBP continues to grow in channel Long

Euro Fx/British PoundFXCM

Description

The pair continues to move in a downward channel.
On October 19, it broke through the resistance line (and returned back to the front of the channel).

Then it began to fall from the resistance line.

Broke another resistance line that formed inside the channel.

And now it continues to fall.
This is in line with my past prediction.
I expect the price to fall to the lower channel line - the support line.
Another support line (very strong) also runs at this point.
The price will bounce off the intersection of these lines and rise to the resistance linel.

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Share your opinion in the comments and support the idea with likes.
Thank you for your support!

Comments
TradingAlchemist
i assumed that price would break channel and go
DeGRAM
@TradingAlchemist, It is too early to talk about it.

But thanks
Lingrid
excellent👌
DeGRAM
@Lingrid, Thank you
Solldy
Thank U sir!
DeGRAM
@Solldy, Welcome
HassanGhalavand
Great as always ..
Can't be a triangle pattern in H4 time frame?
DeGRAM
@HassanGhalavand, Thanks

Perhaps, what do you think?
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