A price action above 6000 supports a bullish trend direction.
Furhter bullish confirmation for a break above 6200.
The target price is set at 6400 (its 38.2% Fibonacci retracement level).
The stop-loss is set at 5800 (its 0% retracement level).
Testing major resistance.
A bounce from oversold territory on the RSI supports a speculative long opportunity.
Furhter bullish confirmation for a break above 6200.
The target price is set at 6400 (its 38.2% Fibonacci retracement level).
The stop-loss is set at 5800 (its 0% retracement level).
Testing major resistance.
A bounce from oversold territory on the RSI supports a speculative long opportunity.