The price is now at a level. A few days ago you saw how well the price touched the resistance line and pushed off from it. Soon I expect to go to the bottom line of the channel - the support line.
Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad👩💻
That didn't work, you only focused on channel but didn't notice that it breaks a major resistance & retest it. I went for a buy at 1.22539 and close the trade at 1.23156 with a 62 pips winning.
DanielLubbe
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I don't agree for a sell now I maybe wrong It is bullish and it is now already at 1.2342 It is so difficult to say when it will drop There is still space in the channel to go up before it will hit the resistance line Thanks for a well descriptive graph I like it Keep well
stevewhitestl
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I agree. i saw that it was very close to previous days resistance. looks like it could be dropping. i'm in for a sell
pyxis2025
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This looks great Lingrid, my wise and lovely FOREX beauty. On all your work, I research it out before trading on my account. You are spot-on with your analysis and understanding on the technical side of this business. You are teaching me a great deal. Thank you.
sergun1957
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Good job !
Forexone651
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Pay attention to the candle sticks :) I also believe we are going up, not to mention the rally of the US stock market I believe will have a huge role to retrace to make up for the drop. I would also pay attention to market makers if trading intraday.