A price action above 32600 supports a bullish trend direction.
Increase long exposure for a break above 36600.
The target price is set at 40800 (its 100% Fibonacci retracement).
The stop-loss price is set at 33400 9its 50% retracement and also its 200-week simple moving average.
Keep in eye out for the MACD bullish crossover that might support the bullish flag pattern.
Increase long exposure for a break above 36600.
The target price is set at 40800 (its 100% Fibonacci retracement).
The stop-loss price is set at 33400 9its 50% retracement and also its 200-week simple moving average.
Keep in eye out for the MACD bullish crossover that might support the bullish flag pattern.