EURUSD we open SELL TRADE

11 Nov 2020

After the price worked out a sell trade and fell, it was able to break through the resistance line.

From this line the fall should begin.

Now we see that the price has not yet begun to fall, but is fixed on the line, moving forward quite evenly.
However, I want to remind you that this very recently the price came to the strong resistance line of 2019 and fell from it.



Now she has broken through a weaker but also long line - August 2020.
After such a strong impulse from resistance, I doubt that the price can rise.
I expect to fall to the support line. And this is the reason for opening a sell trade. I will never tire of reminding you of the importance of SL. Install it just above the resistance line..

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