Lingrid

EURUSD open SELL TRADE

Short
FOREXCOM:EURUSD   Euro / U.S. Dollar
I would like to remind you of my past forecast for this pair as it came true.
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 candlestick . 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 ascending channel 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 support level .

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👩‍💻
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Comments

Hello and best regards
The previous two predictions were incorrect and the resistance lines broke.
Have not the resistance lines become support lines now?
+8 Reply
Buzer aamirzadehh
@aamirzadehh aisa nakko bolo ji didi hai apni
Reply
@Buzer, I do not understand what you are saying
Reply
Buzer aamirzadehh
@aamirzadehh, brother i mean it's too overbought since last couple of days , it will definitely fall South thankyou
+1 Reply
@Buzer, Excellent, I asked if this line becomes a support line after crossing the resistance line...
+2 Reply
Lingrid aamirzadehh
@aamirzadehh, i'm very pleased to read your thoughts)
and what specific line are you talking about?
+1 Reply
@Lingrid, thanks, 1.188 and 1.19 were resistance but now they are support???
Reply
Lingrid aamirzadehh
+1 Reply
@Lingrid, it was a question,
Reply
Lingrid aamirzadehh
@aamirzadehh, if the price broke through this line and is higher, then yep, this is support
+1 Reply
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