The week starts with profitable news. Here are a few of my ideas that followed my arrow. This is a good result.
As we can see, the price is in a new channel. The channel is falling, it goes to the support line. Please note that the channel lines did not suffer much from the price movement; there were no strong breakouts. This will help in our today's idea.
The price has reached the upper channel line. I think this will be a good moment for the price to fall. As we can see, earlier the price also bounced off the upper channel line. This is a good hint that the price will also go down at this point. I think the price will reach the intersection of the support line and the lower channel line.📉
Do you agree?)
Your Solldy.
As we can see, the price is in a new channel. The channel is falling, it goes to the support line. Please note that the channel lines did not suffer much from the price movement; there were no strong breakouts. This will help in our today's idea.
The price has reached the upper channel line. I think this will be a good moment for the price to fall. As we can see, earlier the price also bounced off the upper channel line. This is a good hint that the price will also go down at this point. I think the price will reach the intersection of the support line and the lower channel line.📉
Do you agree?)
Your Solldy.