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The price has broken through the support of the blue bullish corridor and reached the support line of the current red bearish trend, and the price level of 60.830.
After the fall began on April 8 and reached the support lines and the price level, it is worth considering a correction after the breakdown of the resistance line (black) of the current impulse, reference point 64.830 (38.2 fib) with continued growth, the target resistance line (red) near the level of 67.500.
For the fall the conditions are the same
60.830 target support line (orange), target 55.850, providing for a rebound at 57.800.
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* Breakdown 👈 - closing the body of the candle behind the specified level.
