GBPUSD starts grow in channel
Since September, the price formed a small upward channel and moved in it.
Now the price has come to the support line (lower channel line).
The price bounced off of it and began to rise.
I expect the price to continue to rise. However, along the price path, we see another resistance line.
Therefore, now I expect the price to rise exactly to this line (not the channel line).
The target is the nearest resistance line.
--------------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
Now the price has come to the support line (lower channel line).
The price bounced off of it and began to rise.
I expect the price to continue to rise. However, along the price path, we see another resistance line.
Therefore, now I expect the price to rise exactly to this line (not the channel line).
The target is the nearest resistance line.
--------------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
🚀TOP 1 broker🚀
bit.ly/3spSQqC
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
🔻Contact for Paid SIGNALS🔻
t.me/DeGRAMForex
bit.ly/3spSQqC
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
🔻Contact for Paid SIGNALS🔻
t.me/DeGRAMForex
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.