The price breaks down the upper border of the descending channel and thus returns to the boundaries of a strong trend. I am waiting for a rollback to the border for consolidation and a subsequent fall in prices. My goal is strong support 1.11000
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Though i am disagree with sketching arrows on charts in order to use prediction, but other parts of analysis like support and resistance areas, market direction are shown perfectly. Thanks
AnonimFXRO
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It can work !
UnitedSignals
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Good luck!
VasilyTrader
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What is your recommended risk here?
luismiguel.psantana
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@VasilyTrader, Theirs a symmetrical triangle formation. Price will go up or down. I'm personally waiting until it breaks the pattern.
shoaibusha17
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Hello. I'm new in trading can you please tell me that what should i do when price is 1.11000 i mean should i trade in buy or sell please guide me @Lingrid
luismiguel.psantana
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I got the same numbers.
Lingrid
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How do you like the idea? I want to know your opinion on my forecast 😎
luismiguel.psantana
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@Lingrid, Same free fall pattern from the end of November 2021. The French economy grew 7%, CoVi 19 restrictions are easing all over Europe, Uncle Sam is hugging Ukrain, and I like turtles. What could go wrong ???