A long opportunity with the forming of a bullish triangle, we are looking to break the channel with a rise to our first target of 10700, moving on towards 11100
TP1: 10700
TP2: 11100
SL: 10150
After a bullish move up, we have peaked just above previous monthly highs for August 2017 and September 2009 . In this next phase, we are looking to break the current uptrend channel. This could be a good opportunity for a short position with the forming of a double top on the 3hr timeframe, alongside the MACD showing bearish divergence.
Target #1: 0.286 fib...
