A price action above 23600 supports a bullish trend direction.
Increase long exposure for a break above 24600, that is also the 23.6% Fibonacci retracement level.
The target price is set at 25400.
The stop-loss is set at 23200.
Remains above its 200-day simple moving average.
A base forming pattern might be applicable, supporting upside price momentum.
Increase long exposure for a break above 24600, that is also the 23.6% Fibonacci retracement level.
The target price is set at 25400.
The stop-loss is set at 23200.
Remains above its 200-day simple moving average.
A base forming pattern might be applicable, supporting upside price momentum.