ADX line of DMI indicator rises above 20 level and it gives us a confirmation of trend market conditions and a new upward movement. The local high is above the cloud and it can be used as a level for placing pending orders for buy. If the price breaks the downtrend line and moves above the local high, we'll get an additional confirmation that the market is going to move upward. Entry level is 238.00 with stop orders below the local swing low at 217.00 level. Profit targets are 300.00 and 400.00 resistance levels.
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Disclaimer
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