The completion of ABCD wave structure and double bottom pattern at 1180.00 support hinted a nice bullish recovery i mentioned in my previous post.
Now, price is testing the main and key resistance level around 1268.00, i would like to see a break above that resistance to look for more upside and post a new trade setup. A beak above the 1268 would complete an inverted head and shoulders pattern.
Roughly, targets star at 1294.00 and higher. Will be updating with more precise outlook if a breakout occurs.
Now, price is testing the main and key resistance level around 1268.00, i would like to see a break above that resistance to look for more upside and post a new trade setup. A beak above the 1268 would complete an inverted head and shoulders pattern.
Roughly, targets star at 1294.00 and higher. Will be updating with more precise outlook if a breakout occurs.