Pivot
1989.00
Our preference
Long positions above 1989.00 with targets at 2007.00 & 2012.00 in extension.
Alternative scenario
Below 1989.00 look for further downside with 1983.00 & 1976.00 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
1989.00
Our preference
Long positions above 1989.00 with targets at 2007.00 & 2012.00 in extension.
Alternative scenario
Below 1989.00 look for further downside with 1983.00 & 1976.00 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
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.
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.