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Lingrid | EURNZD channel BREAKOUT. Short from the RESISTANCE

broke and closed below the upward channel. The price consolidated above the psychological level of 1.81000 but failed to continue its upward movement, instead shifting downwards and creating an impulse leg. On the weekly timeframe, the price remains within a consolidation zone and has recently bounced off the top of this zone, moving downward. I anticipate that the market to form a pullback, reject the channel border, and then move downward towards the bottom of the consolidation zone. My goal is support zone around 1.77700

Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻

Lingrid

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Lingrid

🔥 Daily GOLD and Forex updates with 20,000+ active traders:
t.me/LingridChannel
🚀 Daily CRYPTO setups:
bit.ly/3JIGE2j

Мои профили: