EURGBP start fall - signal to sell
My previous prediction for this pair turned out to be true.
After the price bounced off the support line, it began to rise towards the resistance line.
And at the moment, she almost came close to her.
(4 November)
All this movement continues to occur in the falling channel.
The channel was formed at the end of September.
And before entering it, the price shows a very strong growth (from the support line).
Now I expect the price to be:
a) touches the resistance line
b) starts to fall
This bearish chart is a sell signal.
In case the price rises a little more, place SL above the resistance line. TP - support line.
--------------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
After the price bounced off the support line, it began to rise towards the resistance line.
And at the moment, she almost came close to her.
(4 November)
All this movement continues to occur in the falling channel.
The channel was formed at the end of September.
And before entering it, the price shows a very strong growth (from the support line).
Now I expect the price to be:
a) touches the resistance line
b) starts to fall
This bearish chart is a sell signal.
In case the price rises a little more, place SL above the resistance line. TP - support line.
--------------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
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