US500 FALL after false breakout

The price has been moving in a constant uptrend since August 2019. The only serious breakdown occurred in September, but in November the price broke through the resistance at 3528.1 and returned to the trend.

Moving in a trend, the price eventually dropped to the support line 3714.0. This is the strong line of August 2019. The price received a strong growth impulse from it, so it was even able to break through the resistance of 4030.9. I believe this is a false breakout. After which the price will return behind the line, fix at the point 4042.7 and fall to the support line 3888.1. This will be our goal.

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