Everything is clear in the picture
Reaching the level of intense resistance and the formation of the pinbar pattern, I expect it to return to the trend line
The picture says it all
Arriving at the important support area and building higher floors, it is expected to hit the trend line and then advance to the previous ceiling
Regarding this currency pair, it should be said that after leaving the support area, it tried to break the downtrend line, which was successful, and now we have to wait for the price to return to the support level.
In this currency pair, what is clearly visible is the existence of a strong resistance area, which in my opinion is a continuation of the downtrend after hitting the trend line.
My view of the chart is quite clear in the film. I am waiting for your opinion
In the gold chart, with the price crossing the support range, we expect a pullback to it, and according to the patterns formed, the expectation is that the downward trend will continue.
With the break of the uptrend line and the support range, there is a possibility of the price returning to the specified range and then continuing the downtrend.
In this chart, the price has come out of the downtrend channel and if we cross the resistance range, we can take a buy position up to the price of 0.70452.