We can see a triangle forming on the 1H, a triangle is not an ending formation therefore expecting another shot upwards, possibly to the 9300 area.
Comment:
The 9300 area should offer some strong resistance for today.
Comment:
With the chaotic moves today I have to revise my view.
Because price unexpectedly crashed down I would revise my view that price has topped here and will be on its way down to the previously expected 8000-8200 area or more.
Because price unexpectedly crashed down I would revise my view that price has topped here and will be on its way down to the previously expected 8000-8200 area or more.
The 9300 are should offer some strong resistance for today.