the price is above the support 1800 , resumption of uptrend is expected.
Pivot Point Level is 1800.00
Our preference
Long positions above 1800.00 with targets at 1819.00 & 1827.00 in extension.
Alternative scenario
Below 1800.00 look for further downside with 1793.00 & 1785.00 as targets.
Comment
The RSI advocates for further advance.
Pivot Point Level is 1800.00
Our preference
Long positions above 1800.00 with targets at 1819.00 & 1827.00 in extension.
Alternative scenario
Below 1800.00 look for further downside with 1793.00 & 1785.00 as targets.
Comment
The RSI advocates for further advance.
Trade closed: target reached