Good opportunity for Head & Shoulders configuration here. I see the top of the right shoulder at 10015 confirmed to me by another indicator I use (the top right dark bleu line). If I see that configuration my first TP is 9833 (38,2 Fib), that level is confirmed to me by the second dark blue line. After that I expect pullback to the neckline and my second TP is the level of 9660-9640 which is the target of that H&S, The cross from the last dark blue line and 61.8 Fib retracement.
Trade with care! Good luck!
Comments
faris.makki
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I think 10,045 entry is better but I'm not sure about it yet.
kikitoshi
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Hi Faris, Thank you for sharing your idea! My first entry will be at 10015 and I'll add some more when broke the neckline