Midterm forecast: While the price is above the support of 89,10 , a resumption of an uptrend is expected. We make sure when the resistance at 99,12 breaks. If the support at 89,10 is broken, the short-term forecast -resumption of uptrend- will be invalid. We will close our open trades if the Midterm level 89,10 is broken.
Technical analysis: A trough is formed in the daily chart at 89,10 on 03/08/2021, so more gains to resistance(s) 99,12, and maximum to Major Resistance (108,96) is expected.
+ Trigger: Trigger1= 99,15 + Take Profits: TP1=108,96 TP2=116 + Stop: Stop1=89,10 Stop2=99,12 (when activated and pass trigger)
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