Long-term: (Out of frame) Ascending wedge with three bullish pennants forming.
Mid-term : Rising trendline of the bullish pennant held, now retesting support.
Ranging in the pennant , might break upwards to 12000.
Short-term: Double bottom bounce to 11800.
Mid-term : Rising trendline of the bullish pennant held, now retesting support.
Ranging in the pennant , might break upwards to 12000.
Short-term: Double bottom bounce to 11800.
Comment:
Analyses : 3.8% Drawdown | R/R 0.79 | TP1 2.2% Profit | TP2 3.9% Profit | BLEND 3.0% Profit
MVPMC
