In the weekly timeframe, the desired ranges were seen and a suitable reverse happened with a powerful candle
The obvious points are that the origin of the movement remains untouched. The downward trend line is almost broken in weekly time
And if it stabilizes above 1940 at least in the daily time, it seems that it is expected to move at least up to the previous ceiling range
What do you think?
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.