US100 on resistance / Next - fall
The price has reached my past goal.
Namely, it came to the line of resistance 13055.2.
This is a strong resistance line that emerged in early 2020.
The price tried to break it but returned within the line.
Together with the support, this resistance creates an uptrend.
Like most resistance breakouts (the last was in August), this breakout became false.
I expect that after a false breakout the price will fall to the support line.
Target - 12440.0
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Share your opinion in the comments and support the idea with likes.
Thank you for your support!
Namely, it came to the line of resistance 13055.2.
This is a strong resistance line that emerged in early 2020.
The price tried to break it but returned within the line.
Together with the support, this resistance creates an uptrend.
Like most resistance breakouts (the last was in August), this breakout became false.
I expect that after a false breakout the price will fall to the support line.
Target - 12440.0
---------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
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bit.ly/3spSQqC
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
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t.me/DeGRAMForex
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