A price action above 29500 supports a bullish trend direction.
Increase long exposure for a break above 30000.
The target price is set at 30900 (its 100% Fibonacci retracement level).
The stop-loss price is set at 28700 (its 50% retracement level).
Remains above its 200-day and a correction to its 200-day simple moving average will be regarded as an opportunity to increase long exposure.
Increase long exposure for a break above 30000.
The target price is set at 30900 (its 100% Fibonacci retracement level).
The stop-loss price is set at 28700 (its 50% retracement level).
Remains above its 200-day and a correction to its 200-day simple moving average will be regarded as an opportunity to increase long exposure.