Bullish (Chart 2 of 3)
Here is my bullish case scenario.
Weak support between 9.5k-9.8k that if we touch again and bounce we could be looking at a double bottom (W pattern) reversal to retest our previous resistance level.
Strong resistance between 11.8k and 12.3k that if broken we would most likely try for a retest of our macro trend high (14k) and possibly higher.
PS: Chart 1 of 3 (Bearish) was published earlier today.
Weak support between 9.5k-9.8k that if we touch again and bounce we could be looking at a double bottom (W pattern) reversal to retest our previous resistance level.
Strong resistance between 11.8k and 12.3k that if broken we would most likely try for a retest of our macro trend high (14k) and possibly higher.
PS: Chart 1 of 3 (Bearish) was published earlier today.
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