Since November 2019, the price has been increasing. However, it was not in an uptrend all this time. After the price left it in February last year, it was able to return to the trend only in February 2021. Breaking through the strong support zone at the intersection of the trend line and the 80.55 level.
After the breakout, the price continued to move in the trend and returned to support 82.21 last week. From which she began to grow. I expect the price to touch the 86.03 resistance and then drop to support at 83.48. This will be our goal.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Thanks for the idea! The price rushes into the channel again! As for me, the price will not rise to the upper channel line! But that's just my opinion! You are a great trader!