Trade Idea
Previous resistance located at 14.39.
Selling pressure from 1438 resulted in all the initial daily gains being overturned.
Broken out of the triangle formation to the upside.
The medium term bias remains bullish.
Preferred trade is to buy on dips.
Bespoke support is located at 1371.
We look to Buy at 1371
Stop: 1363
Target 1: 1440
Target 2: 1450
Previous resistance located at 14.39.
Selling pressure from 1438 resulted in all the initial daily gains being overturned.
Broken out of the triangle formation to the upside.
The medium term bias remains bullish.
Preferred trade is to buy on dips.
Bespoke support is located at 1371.
We look to Buy at 1371
Stop: 1363
Target 1: 1440
Target 2: 1450
Order cancelled
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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.