US30 will grow and breakdown resistance line
After a strong impulse at the end of October, the price rose rapidly.
It came to the resistance line at 29865 and then entered a small upward channel (formed by this line and the support line).
During November, the price moved in this channel.
Recently, it pushed off the resistance line and began to fall, but before reaching support it started to grow again.
I expect the price to rise to the resistance line 30333 and break it.
And then it will gain a foothold on the line by means of a pullback and start growing again.
It will reach the next resistance line.
The target is 30894.
--------------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
It came to the resistance line at 29865 and then entered a small upward channel (formed by this line and the support line).
During November, the price moved in this channel.
Recently, it pushed off the resistance line and began to fall, but before reaching support it started to grow again.
I expect the price to rise to the resistance line 30333 and break it.
And then it will gain a foothold on the line by means of a pullback and start growing again.
It will reach the next resistance line.
The target is 30894.
--------------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
🚀TOP 1 broker🚀
bit.ly/3spSQqC
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
🔻Contact for Paid SIGNALS🔻
t.me/DeGRAMForex
bit.ly/3spSQqC
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
🔻Contact for Paid SIGNALS🔻
t.me/DeGRAMForex
Related publications
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.