The index reversed from bearish to bullish on Friday last week and now price action is retesting an established low facilitating the bull run. If the downard retest breaks the 19k barrier, stability under this barrier will lead to more downward pressure. Stabilising above the above barrier, will likely see upward continuation.
Trade closed manually
Target Reached!!!
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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.