A price action above 51.00 supports a bullish trend direction.
Increase exposure for a break above 53.00.
The target price is set at 60.00.
The stop-loss price is set at 49.00.
Testing its 38.2% Fibonacci retracement level, which is also close to the confluence of the 200-day and 200-week simple moving averages.
Furthermore, the price action to the lower range of the inclining channel pattern might support a bullish price action as well.
Increase exposure for a break above 53.00.
The target price is set at 60.00.
The stop-loss price is set at 49.00.
Testing its 38.2% Fibonacci retracement level, which is also close to the confluence of the 200-day and 200-week simple moving averages.
Furthermore, the price action to the lower range of the inclining channel pattern might support a bullish price action as well.
Aviso legal
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
