The price reached the border of the falling channel - 1801.19.
This is the August 2020 resistance line.
In addition to breaking the line at the time of its formation (the first wave of Covid), the price broke through the line only twice.
During the US elections.
And during the riots in Washington.
Both breakdowns were false.
At the beginning of the month, the price bounced off the support 1684.17.
Then I consistently struck:
- support line 1715.44.
- support line 1739.46.
And stopped at the resistance of 1801.19.
I expect that the price will fall, break the same lines again and go down to the support level.
The target is 1684.17.
--------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
This is the August 2020 resistance line.
In addition to breaking the line at the time of its formation (the first wave of Covid), the price broke through the line only twice.
During the US elections.
And during the riots in Washington.
Both breakdowns were false.
At the beginning of the month, the price bounced off the support 1684.17.
Then I consistently struck:
- support line 1715.44.
- support line 1739.46.
And stopped at the resistance of 1801.19.
I expect that the price will fall, break the same lines again and go down to the support level.
The target is 1684.17.
--------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
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Похожие публикации
Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.