US500 time to sell
Recently, the price touched the resistance line 3692.5. And I tried to punch it.
The breakdown turned out to be false.
The line has existed since October this year.
There were only two touches before today. And both ended in a drop in prices.
After a false breakout and a return to the line, I am sure that the price will not rise again.
I expect it to fall towards the support line.
This is another line that the price has not been able to break since the beginning of this fall.
Time to open the sale. SL - in the area of 3717.6, above the resistance line.
TP - along the line of support in the area of 3646.8.
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Share your opinion in the comments and support the idea with likes.
Thank you for your support!
The breakdown turned out to be false.
The line has existed since October this year.
There were only two touches before today. And both ended in a drop in prices.
After a false breakout and a return to the line, I am sure that the price will not rise again.
I expect it to fall towards the support line.
This is another line that the price has not been able to break since the beginning of this fall.
Time to open the sale. SL - in the area of 3717.6, above the resistance line.
TP - along the line of support in the area of 3646.8.
-------------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
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