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Lingrid
Apr 30, 2021 8:36 AM

EURUSD Fall and return to a downtrend Short

Euro / U.S. DollarFOREX.com

Description

The price began to pay as I said yesterday.

In mid-April, the price broke through the line of support of the ascending channel at point 1.200, after which it fixed on it and continued to grow. The price rallied to the January 2021 resistance at 1.210. Broke the line, but came back for it. Now I expect the price to consolidate at 1.209 and fall to the 1.201 support line.

Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩‍💻
Comments
jaguarbob67
A little higher. Fake breakout on TL and taking orders from the QM structur above. Then drop
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