DOLLAR GROWTH after false breakout

For the last few months - starting from December 2020 - the price has been moving in an upward channel, guided by the support and resistance lines formed in December.

The price touched the resistance line at 90.48 and bounced back to support at 89.78, after which the trend began. The price movement is uneven and often it breaks out and goes beyond the channel boundaries. The last time such a breakdown occurred was when the price bounced off the resistance line at 90.94 and collapsed.

The price came to support 90.30 and then broke through it - this happened at the end of last week. But already now the price has grown and was able to break through the support line again, this time during the growth at the position 90.33. Then it showed a slight upward movement.

Now I expect the price to rise from the support line to the resistance of 91.11

Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻