I do expect another touch of 11.1-11.5, and a break upside the area would make me aim at 13.-14. next
More testing of 9.0-9.5 would be probably done before this happens.
The 9.0 as been a resilient support, and as long ad we don't break under on heavy supply, which would make me look at around 7.5 as next area where supply could weaken & give a even better entry.
Weekly
Monthly
More testing of 9.0-9.5 would be probably done before this happens.
The 9.0 as been a resilient support, and as long ad we don't break under on heavy supply, which would make me look at around 7.5 as next area where supply could weaken & give a even better entry.
Weekly
Monthly
Trade closed: target reached
As expected it happened. And did it showing a nice supply absorption with buying interest signs. Now as one of it next moves is another touch of 11, and the real thing I am awaiting for is a break of the area as signal that we are in fact moving toward upward zones.