I think If we close above the upper red line we will probably see 12.9K 13.2K range at least.
If we close below 8600's there's a high possibility to see lower levels.
In the weekly chart we've broken the downtrend, however, in the daily chart we've returned from the downtrend line.
Next week's candle should not close below 8000's as well.
The graph is indecisive and is not giving a strong buy signal for me. Will watch how are we going to close the weekly candle.
If we close below 8600's there's a high possibility to see lower levels.
In the weekly chart we've broken the downtrend, however, in the daily chart we've returned from the downtrend line.
Next week's candle should not close below 8000's as well.
The graph is indecisive and is not giving a strong buy signal for me. Will watch how are we going to close the weekly candle.