The 76 and 72 were a strong supply area and the 64 turned at 72. There is a lower high below 72, we are bearish here.
The 59.48 is the target for a bias of 54.88. It will need patience.
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Khiwe
On this profile page, the shared analysis, ideas, and also, the strategy of a chart belong to Khiwe with some being influenced. The technical set-ups are speculative, they are not guaranteed for accuracy or completeness in the form of any content; it is not to advise on financial markets. Please apply your own analysis and confirm it with price action.
The 59.48 is the target for a bias of 54.88. It will need patience.
.
Khiwe
On this profile page, the shared analysis, ideas, and also, the strategy of a chart belong to Khiwe with some being influenced. The technical set-ups are speculative, they are not guaranteed for accuracy or completeness in the form of any content; it is not to advise on financial markets. Please apply your own analysis and confirm it with price action.