⚠️ AUDCAD consolidation to support / Growth
Last week we bought and the price came to the TP area.
Then she fell. Purchase closed.
During the growth in the growing channel (April 2020), the price came to the resistance of 0.998.
The channel line and the resistance line of February 2012 meet at this point.
From the strong resistance of 0.998 the price fell to the support zone of 0.952.
In this zone, the channel line and the March 2018 support line intersect.
I expect the price to start rising from this zone.
The goal is 0.997.
--------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
Then she fell. Purchase closed.
During the growth in the growing channel (April 2020), the price came to the resistance of 0.998.
The channel line and the resistance line of February 2012 meet at this point.
From the strong resistance of 0.998 the price fell to the support zone of 0.952.
In this zone, the channel line and the March 2018 support line intersect.
I expect the price to start rising from this zone.
The goal is 0.997.
--------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
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bit.ly/3spSQqC
🔻FREE Telegram channel🔻
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