US30 good position to open a SELL TRADE
As we can see on the chart, since November 2020, the price continues to move in an uptrend, using as a guide the younger support line, which also appeared in November. Resistance is the older line formed on the chart back in July last year.
And now, after a rise from the 30819 support zone and a false breakout, the price just dropped again to the resistance line at 32616. I expect a fall from this point and this is a good position to open a sell trade! I will never tire of reminding you of the importance of SL - look for it above the resistance line around 32808.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
And now, after a rise from the 30819 support zone and a false breakout, the price just dropped again to the resistance line at 32616. I expect a fall from this point and this is a good position to open a sell trade! I will never tire of reminding you of the importance of SL - look for it above the resistance line around 32808.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
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