The trading signal is based on a bullish divergence. The market bounces from 85.00 level and it's going to move upward to 100.00 strong resistance level. RSI confirms price reversal from the support level. MACD supports further upward movement. Pending orders for buy should be placed at 89.00 level. Stop orders at 83.00 level. The main profit target is 100.00 resistance level. If the price breaks it, the next profit target will be at 125.00 resistance level.
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💎 Share My BEST Trades here 👉 bit.ly/wubits
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.