This week 6102 was top magnet from buyers & we spent all day yesterday in a tight base between 6102-6088 . I mentioned 6088 had to fail to dip to 6080, 6066. It triggered coming into close yesterday, & we hit 6080 exact
As of now: 6080 is support. Buyers must reclaim 6088 to push back up to 6097, 6105+. 6080 fails, dip to 6065-70
As of now: 6080 is support. Buyers must reclaim 6088 to push back up to 6097, 6105+. 6080 fails, dip to 6065-70
Trade closed: target reached
Very quick work for buyers this morning after NFP. I mentioned an hour ago that if 6088 reclaimed it would trigger us to 6097. And that's exactly what happened. Lock in your profits, leave runners if you have them, and call it a day. Let the runners do the rest of the work since it's Friday majority of the market is focused on preserving capital..6117 up next if buyers can push higher. Today will probably be a choppy mess though. Same up support levels still apply. We sell below 6080.
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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.