A price action above 128.00 supports a bullish trend direction.
Increase long exposure for a break above 139.00 (its 50% Fibonacci retracement level).
The target price is set at 152.00 (just above its 61.8% retracement, which is also close to its 200-day simple moving average).
The stop-loss is set at 117.00 (is 23.6% Fibonacci retracement level).
Remains a risky trade.
Increase long exposure for a break above 139.00 (its 50% Fibonacci retracement level).
The target price is set at 152.00 (just above its 61.8% retracement, which is also close to its 200-day simple moving average).
The stop-loss is set at 117.00 (is 23.6% Fibonacci retracement level).
Remains a risky trade.