Short
US500 in FALLING chanel
After the strong growth that the price showed in early October, the pair entered a small downward channel - forming the "Flag" pattern.
This pattern is a continuation of the trend. However, before the price goes up, I expect the price to fall to the point of intersection of the line and the support level. Cause right now, the price is at the upper border of the channel, having touched the resistance line and now. The target in this case is 3396.1
Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad👩💻
This pattern is a continuation of the trend. However, before the price goes up, I expect the price to fall to the point of intersection of the line and the support level. Cause right now, the price is at the upper border of the channel, having touched the resistance line and now. The target in this case is 3396.1
Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad👩💻
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💰FREE FOREX signals in Telegram: bit.ly/3F4mrMi
🚀FREE CRYPTO signals in Telegram: bit.ly/3J4aRVE
🏆TOP Broker: lingridedu.com/brokerFXPro
🌎WebSite: lingrid.org
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.
📚The BEST Trading Course: t.me/lingrid
💰FREE FOREX signals in Telegram: bit.ly/3F4mrMi
🚀FREE CRYPTO signals in Telegram: bit.ly/3J4aRVE
🏆TOP Broker: lingridedu.com/brokerFXPro
🌎WebSite: lingrid.org
💰FREE FOREX signals in Telegram: bit.ly/3F4mrMi
🚀FREE CRYPTO signals in Telegram: bit.ly/3J4aRVE
🏆TOP Broker: lingridedu.com/brokerFXPro
🌎WebSite: lingrid.org
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.