Downtrend looks to be over, Price should not be getting under 3560 for a while. My target from the previous structure is around 3900 depending on how much time it takes. A safer entry would be after 3700 is held and a backtest of the previous channel (green line), yellow arrow path is expected as of now. Good luck and good trading
Comment:
Up to yesterday's resistance zone, may pullback a bit.
Comment:
breaking above resistance level
Comment:
retest of resistance - turned support - area, objective buy zone
Comment:
they reversed hard so it looks like we'll make one more low. Weekly BB is at 3491 and may be the target. I still think this week is the reversal.
