We are in a symetric triangle but with a bullish trend in the 50-150 MA at daily time frame. Right now there is a build up at 10700-10800 band. There is a better probability of breaking the 10800 resistance and extend towards 11200 resistance band than a fallback. If we can break 10800, next we may re-test 11400~11500 band and regain losses of the last week. Later on we will see if it will be a decline or a breakout. If declined, we may be back to 10400 otherwise buckle up.
Discliamer: For demo trading only. Reflects only my opinion. Not for real trade. If you live trade with your money than responsibility is yours.
Discliamer: For demo trading only. Reflects only my opinion. Not for real trade. If you live trade with your money than responsibility is yours.