As I mentioned on my previous Idea, we needed a breakout of the triangle in the 4hr TF for direction. Well now we know the direction. 11,900 is a super important level.
Price trading above this level means it broke through 3 previously resistance points and its free to go to the next resistance level at 13,900. Thats a 16% move to the upside!!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.