As I predicted in my previous forecast, the pricethe price first broke the support line...
... and after that touched the strong resistance line and went down.
I expect the price to reach the support line in the near future. However, we see that the price is near a small support zone and therefore I believe that it will work out a small correction and only after that it will fall.
The price will come across two support lines. The third line is also located next to them, which creates a strong support zone.
If you are going to open a trade, I recommend that you set the SL slightly above the resistance line.
Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad👩💻
... and after that touched the strong resistance line and went down.
I expect the price to reach the support line in the near future. However, we see that the price is near a small support zone and therefore I believe that it will work out a small correction and only after that it will fall.
The price will come across two support lines. The third line is also located next to them, which creates a strong support zone.
If you are going to open a trade, I recommend that you set the SL slightly above the resistance line.
Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad👩💻
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