EURUSD The global trend on the chart is bearish and after a false breakdown of the level 1.00036, the price breaks up the local downtrend and heads towards the resistance zone.
We see a local consolidation between the resistance of the descending channel and the level 1.000, after the price fixes above the descending channel a strong momentum of 100 pips is formed and the price heads to the channel resistance.
Preconditions for the fall from the resistance zone are: a global downtrend, strong trend resistance and distributive upward movement, I assume that the price will not have the energy to go up out of the global channel and we will see a pullback. The short-term target is support at 1.0000.
Regards R. Linda!
We see a local consolidation between the resistance of the descending channel and the level 1.000, after the price fixes above the descending channel a strong momentum of 100 pips is formed and the price heads to the channel resistance.
Preconditions for the fall from the resistance zone are: a global downtrend, strong trend resistance and distributive upward movement, I assume that the price will not have the energy to go up out of the global channel and we will see a pullback. The short-term target is support at 1.0000.
Regards R. Linda!
🌹TRADING is a CASINO💔!?
NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: telegram.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: telegram.me/RLindaSignals
NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: telegram.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: telegram.me/RLindaSignals
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
🌹TRADING is a CASINO💔!?
NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: telegram.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: telegram.me/RLindaSignals
NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: telegram.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: telegram.me/RLindaSignals
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.