Remains a risky trade.
A price action above 1980 supports a bullish trend direction.
Further bullish conformation for a break above 2100 (upper range of the declining channel pattern).
Alternatively, a pullback might occur.
The target price is set at 2240.
The stop-loss price is set at 1880.
Upside price momentum (see the lower panel) is applicable.
A price action above 1980 supports a bullish trend direction.
Further bullish conformation for a break above 2100 (upper range of the declining channel pattern).
Alternatively, a pullback might occur.
The target price is set at 2240.
The stop-loss price is set at 1880.
Upside price momentum (see the lower panel) is applicable.