US30 good time to sell
Since June 2020, the price has been moving in an upward channel.
At the end of October, it broke through the lower line of this channel - the support line. But it immediately rose and returned to its previous position.
After this breakout, the price was growing steadily.
Now it has come to the upper border of the channel - the resistance line.
Bounced off her. Corrected. And it starts to fall again.
This is a good time to open a sale.
SL - above the resistance line.
TP - along the line of support.
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At the end of October, it broke through the lower line of this channel - the support line. But it immediately rose and returned to its previous position.
After this breakout, the price was growing steadily.
Now it has come to the upper border of the channel - the resistance line.
Bounced off her. Corrected. And it starts to fall again.
This is a good time to open a sale.
SL - above the resistance line.
TP - along the line of support.
--------------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
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