The price went down from the resistance zone and price failed to updated its highs. The market formed a channel and recetly, the price broke though it. The market might go down because the price formed a fake bar on the daily timeframe. The price was pushed back at resistance because there's more bearish momentum that bullish. My goal is the support level at 1.06100.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻