A price action above 48000 supports a bullish trend direction.
Increase long exposure for a break above 51300.
Upside price potential at 54300.
Downside price potential at 46300. Negate the bullish stance for a break below this level.
Remains above its 200-day simple moving average.
The price action might attempt leg 3 of the megaphone pattern.
Increase long exposure for a break above 51300.
Upside price potential at 54300.
Downside price potential at 46300. Negate the bullish stance for a break below this level.
Remains above its 200-day simple moving average.
The price action might attempt leg 3 of the megaphone pattern.