Looks like it's in a large rising wedge, which should resolve upwards imho
Yesterday was another buy the dip moment, as bulls defended a break below 583 and rallied all the way up to the 591 level.
A break above 600 which lead to explosive price action which may or may not happen, however 600 is a strong psychological resistance. We will see how this pattern develops...
Yesterday was another buy the dip moment, as bulls defended a break below 583 and rallied all the way up to the 591 level.
A break above 600 which lead to explosive price action which may or may not happen, however 600 is a strong psychological resistance. We will see how this pattern develops...
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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.