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DeGRAM
Feb 4, 2021 9:28 AM

US100 falling from resistance  Short

US 100Currency.com

Description

Price moves in a growing channel.
This channel is directed by two lines:
1 - resistance formed in July 2020.
2 - support, formed in October 2020.
Last week the price hit the support line 12911.5.
After that, she grew up a lot.
During the growth, the price came to resistance.
I tried to beat her but couldn't.
Now the price is at the resistance line 13564.1.
She had already started to fall.
I expect the price to fall to support.
Target - 13053.3

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Share your opinion in the comments and support the idea with likes.
Thank you for your support!
Comments
vychod
does not work. as usually
ForecastCity_World
Lovely analysis
Solldy
There is a pattern that the price will fall, as you said!
DeGRAM
@Solldy, Thanks bro
Lingrid
nice work!
DeGRAM
@Lingrid, Welcome
TRADiNG_hub
expecting a drop once create new HH

btw Thanks For Sharing.
DeGRAM
@TRADiNG_hub, Thank you
VasilyTrader
I think it may set a new high!
DeGRAM
@VasilyPonomarev, Thank for words Vasily
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