US100 channel breakout and GROWTH

The price bounced off the support line - the upper border of the ascending channel - 13857.6. It broke through this line at the beginning of this week after a strong rally from the support line - the lower border of the channel - 12789.2.

Let me remind you that this ascending channel itself has existed on the chart since October 2020 and is also part of a slightly broader uptrend formed in July 2020. After the breakout, the price returned to the channel in February 2021 and now it has broken through it again. I expect that from the 13857.6 support line the price will rise to the November 2020 resistance line 14173.4. This will be our goal.

Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad 👩‍💻