TP = 2,785 hit before the index successfully made a Higher Low on the 4H Channel Up (RSI = 56.761, MACD = 13.990, B/BP = 9.0660). The two high probability scenarios arise. Either the Channel Up goes for a new Higher High or 1D consolidates (RSI = 52.278, Highs/Lows = 33.1786) the overbought STOCH, STOCHRSI (> 80.00) and Williams in a symmetrical pattern as seen on the chart. In both cases the target is a near 2,900 extension (TP = 2,893).
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Over 65% accuracy on Private Signals Channel.
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investingscope.com
Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.
Free Channel: t.me/investingscopeofficial
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.