DE30 ends fall and starts new GROWTH
Despite small price gaps, the index is moving in an upward trend. A new round of this trend began in November 2020 after the price first collapsed and then broke through the support line 12734.9. After that, the price continued to grow and in the process of this growth came to the resistance trend line 14199.5.
The first touch of this line happened back in August 2019. The last one was in February 2021. After it, the price began to fall, then rolled back and fell again without touching the line. I expect it to touch the support line at 13601.6 and then rise again to the resistance line at 14354.0.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
The first touch of this line happened back in August 2019. The last one was in February 2021. After it, the price began to fall, then rolled back and fell again without touching the line. I expect it to touch the support line at 13601.6 and then rise again to the resistance line at 14354.0.
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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