US100 falling from resistance
Price moves in a growing channel.
This channel is directed by two lines:
1 - resistance formed in July 2020.
2 - support, formed in October 2020.
Last week the price hit the support line 12911.5.
After that, she grew up a lot.
During the growth, the price came to resistance.
I tried to beat her but couldn't.
Now the price is at the resistance line 13564.1.
She had already started to fall.
I expect the price to fall to support.
Target - 13053.3
--------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
This channel is directed by two lines:
1 - resistance formed in July 2020.
2 - support, formed in October 2020.
Last week the price hit the support line 12911.5.
After that, she grew up a lot.
During the growth, the price came to resistance.
I tried to beat her but couldn't.
Now the price is at the resistance line 13564.1.
She had already started to fall.
I expect the price to fall to support.
Target - 13053.3
--------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
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bit.ly/3spSQqC
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