The price, as I said, continued to grow and already touched the resistance line, thereby completing half of the way towards our target.
The price touched the resistance line at 1.194 as a shadow from the . And then it turned around and it is already clear that it began to fall. This resistance line has existed since 2019, and is also the upper border of the in 2019.
The price moved outside this channel for a long time, but returned to its limits after falling in October.
Now the second stage of price movement begins to achieve our goal. I expect it to fall to the 1.188 .
And this is the time to open a sell deal. I will never tire of reminding you of the importance of SL - place it within the resistance lines around 1.194.
Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩💻
and what specific line are you talking about?