1: Right now we are touching the resistance line from the local top of mid August (12.5k). On the 4H MA200 seems to indicate a trend reversal which needs to be confirmed with a continuation move to the upside breaking the resistance line. This move could support the assumption of testing our prior trend line again at 12k.
2: On contrary, if we don't manage to break, we can sharply fall to 10.3k where our critical support is.
2: On contrary, if we don't manage to break, we can sharply fall to 10.3k where our critical support is.
