When price bounces back from the trendline and confirmes through candlestick formation (eg. engulfing pattern), it can show room to rally to €123.72, which is a key resistance zone.
Note
Reversed Head and Sholder formation is possible which can lead to a continuation of the rally.Order cancelled
Price broke through the trend line.
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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.
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.