What if...
Updated
These are the levels that I have if the next angle (dotted red line) is lost. If it respect the angle I will use the chart "It seems that this orange still has juice" as reference.
Best wishes!
Best wishes!
Note
It respected its angle and is this case the R&S. Perfectly consistent with all the analyses. 12606 will be my reference. Best wishes!!
Note
After touch the critical point he cross my reference of 12606 way up to the resistance line 12764. It will be very important to see how it reacts to the red dotted line.
Five days to the first time target, let's see how it moves.
Best wishes all!!
Note
This chart and the related idea "It seems that this orange still has juice" are giving very good information regarding the levels, but nothing related to the possibility that this support (red line) will endure again. The best thing is to do a new analysis.As we can see this is an important reference point in both charts... good moment to make a review.
best wishes.
Related publications
Disclaimer
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.