Hello traders, here is the analysis from our team : sell:27517 TP@; 27507 TARGET: 27467 stop: 27567 we take money management from 27507 as profit area on up. Let us know in the comment section below if you have any questions.😉
Pattern: Bullish Megaphone on 4H. Signal: Bearish as the price was rejected on the Megaphone's Higher High trend-line and broke through the (dashed) inner Higher High line. Target: 24250 (roughly a -6% decline like the previous Higher High rejections, as well as contact with the 4H MA200). ** Please support this idea with your likes and comments, it is the...
Pattern: Channel Up on 1M (since September). Signal: Bullish with 1 position now on the Higher Low of the pattern and if it breaks 1 more on the 1D MA200. Target: 30000 (projected Higher High).
Pattern: Descending Head and Shoulders on 1W. Signal: Bullish above the Lower High trend line and within 24700 - 25200. Supporting: thr 0.382 Fibonacci and RSI at 30. Target: 26700 (1W Resistance).