A price action above 12800 supports a bullish trend direction.
Further bullish confirmation for a break above 13000.
The target price is set at 13300.
The stop-loss price is set at 12600.
The price action remains close to its 23.6% Fibonacci retracement level, which might act as some key support.
Bullish divergence is also notable.
Remains a risky trade.
Further bullish confirmation for a break above 13000.
The target price is set at 13300.
The stop-loss price is set at 12600.
The price action remains close to its 23.6% Fibonacci retracement level, which might act as some key support.
Bullish divergence is also notable.
Remains a risky trade.
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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.