The price returns above 300.00 level and SMA100. It can be a signal that the uptrend will be continued. The daily chart gives us a bullish signal. Based on the 4H chart we can see that RSI confirmed price reversal and MACD supports upward movement. It's trading opportunity. Pending orders for buy can be placed at 322.50 level with stop at 252.00 level. Profit targets are 360.00 and 400.00 resistance levels. The part of trade volume can be left for long run.
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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.