US30 FIX on RESISTANCE line and FALL
The uptrend continues within the June 2020 support line and the resistance line that has existed since 2019. At the same time, the price made a false breakdown of the trend - the support line - only once in November 2020.
After the price bounced off the support at 30621 in early March, it rose to the resistance at 33,147. And then, having worked out a small pullback, it fixed on the line at point 33262. From this point, I expect the price to fall to the support line. So my final target is support line 31563.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
After the price bounced off the support at 30621 in early March, it rose to the resistance at 33,147. And then, having worked out a small pullback, it fixed on the line at point 33262. From this point, I expect the price to fall to the support line. So my final target is support line 31563.
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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