Lingrid

US100 GROWTH after false breakdown

Long
CURRENCYCOM:US100   US 100
At the end of April, the price bounced off the resistance line of the ascending channel at point 14026.7. This line was formed in October 2020, at the same time the channel itself began. From the resistance line, the price fell to the support line 13190.6 and tried to break it, but the breakout turned out to be false. Now I expect growth. So my final target is the resistance line 13652.7.

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

📚The BEST Trading Course: t.me/lingrid
💰FREE FOREX signals in Telegram: bit.ly/3F4mrMi
🚀FREE CRYPTO signals in Telegram: bit.ly/3J4aRVE
🏆TOP Broker: lingridedu.com/brokerFXPro
🌎WebSite: lingrid.org
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.