This analysis is based on a swing strategy. The stop-loss is safely set at 11,420. The chart analysis was conducted on a 4-hour time frame and posted on a 1-hour time frame. The main swing target is between 12,770 and 13,534. If you prefer, you can exit based on the Fibonacci sequence.
The 4-hour chart shows a morning star pattern.
Please note, this analysis is based on current market trends and is not a guarantee.
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