GBPJPY FALLING and BREAK support line

Since October of last year, the price has been moving in an uptrend formed between two rather strong lines - also in October 2020. Despite small false breakouts of both lines, the price continued to rise. During the growth, it was even able to break through the support level of 140.87.

Then the price used the support of the level and was able to break through the support line 142.79 - the trend line. After that, the price continued to rise and rose to a strong resistance zone at 143.75, where it is now.

This zone consists of two strong lines. One of them was formed in December 2019. The first touch of another line happened even earlier - in February 2018. Together, they give the price strong resistance and I do not think that the price can seriously break this zone.

I expect the price to bounce off the resistance zone. First, it will break through the support line 142.96 and fix on it at position 143.06. Then it will fall to the next support line at 141.50.

Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻