The price has broken out of the weekly resistance WR1 and currently trading above it. It seems that the price wants to aim for the 102 area. Lets long this one on retest of this breakout (somewhere close to the resistance zone WR1).
Note
So the price did retest the resistance zone WR1 and provided a good entry. And in line with our expectation, it bounced well after that retest. I hope, now it moves further up towards our target.
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.
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.