- Rebounds 38.2% (May-July fall)
Daily oscillator appears bullish (inverse H&S pattern)
Weekly resistance seems between 5230- 5285
Propels above 5285, will extend the rally further to 61.8% @5320 and 80.0% @5385.
Support finds at 5160, 5100-5080
Sell below 5080 targets at 5000 and 4970.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.