EURUSD - Trends, Forecasts and Implications (Part 2) - page 182

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by the way I want to ask everyone .... upload the info, links, help with indicators, maybe even in private ...... let's help this guy sink his first deposit )))))))
to odiseif: And what have these books taught you? I understand that you are already a millionaire.
The Swiss franc is trading within the long-term downtrend, testing it from below. There is also a tentative support line for the short-term uptrend, which will come into play after the resistance line of the downtrend is broken. Thus, we can see a triangle, which gives an opportunity to orientate further actions after breaking out of the uncertainty zone. It is worth noting that the long-term downtrend line is stronger than the short-term uptrend line, therefore a breakdown of the long-term trend will give a stronger buy signal, while overcoming the support will consequently continue the already entrenched trend.