⚠️ GBPUSD false breakout of strong support / Growth
After a strong collapse for the support of 1.389, the price returned to the line.
After that, I made another breakdown.
I expect it to be false and the price will return to growth.
Strong support line for December 2018.
After a false breakout of the 1.389 support, the price will continue to grow.
The reasons for this:
- strong line of December 2018.
- previous breakouts, which also turned out to be false.
- additional line support February 2021.
The target is 1.397.
--------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
After that, I made another breakdown.
I expect it to be false and the price will return to growth.
Strong support line for December 2018.
After a false breakout of the 1.389 support, the price will continue to grow.
The reasons for this:
- strong line of December 2018.
- previous breakouts, which also turned out to be false.
- additional line support February 2021.
The target is 1.397.
--------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
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bit.ly/3spSQqC
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