In 2016, the pair's price entered the “Descending Triangle” pattern, which is a reversal. This means that after the complete formation of the pattern, the price changes the trend. The price entered the pattern in an uptrend.
In September 2020, the price exited this pattern by breaking through its upper border - the support line. And she began to grow. And now we see that the price has fixed on this line, rallied and came to a small resistance line. I expect the price to stop, bounce off this line and start falling towards the intersection of the two support lines.
Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad👩💻