EURUSD open SELL TRADE

2020年11月2日

Throughout the last week, the price showed a strong fall.
And at the end of last week's trading, the price managed to break through the resistance line and fall below. It is important to note that this is indeed a very strong line, which began to form back in 2017 and its breaking is a serious signal for a price drop.



The price came to the resistance level, made a small correction and continued to fall. Now it has broken through the nearest resistance line.

Together, this indicates a good position to open a sell trade.
Thus, the price will continue to fall. TP - can be expected by the level of support. SL - by resistance level.

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