We have broken above the first level (43.2k) that we were looking for after the SFP at 40.5k
If you look at my previous ideas, you can see that I've had this 47k key level marked for a while now, I even mentioned it in a previous idea as a major level (link below)
After the new low at 39.6k, we now also have a fib golden pocket on top of this level, making it even more important.
We want to hold above 43.2k obviously, if we lose it 42-42.1k is an important support.
So keep an eye on the 47-48k region as it's a very important one in my opinion.
Any questions?
Good luck traders
Remember not to break your rules
Habib
If you look at my previous ideas, you can see that I've had this 47k key level marked for a while now, I even mentioned it in a previous idea as a major level (link below)
After the new low at 39.6k, we now also have a fib golden pocket on top of this level, making it even more important.
We want to hold above 43.2k obviously, if we lose it 42-42.1k is an important support.
So keep an eye on the 47-48k region as it's a very important one in my opinion.
Any questions?
Good luck traders
Remember not to break your rules
Habib
