A break of the ascending trend line will warrant short to the downside target highlighted (127.512)
HOWEVER
If price manages to hold above the trend line we could see longs to the upper bound of the channel (130.500) - if we break the channel the upside target highlighted could be achieved (131.992).
For more detailed information on how we identify trade set ups and how you can take advantage of the markets like us at EZinvesting feel free to message! Follow us for updates on future trades!
HOWEVER
If price manages to hold above the trend line we could see longs to the upper bound of the channel (130.500) - if we break the channel the upside target highlighted could be achieved (131.992).
For more detailed information on how we identify trade set ups and how you can take advantage of the markets like us at EZinvesting feel free to message! Follow us for updates on future trades!