Quite a powerful rally out of the bearish look wedge pattern that was visible last week and now there is a bigger pattern of what looks like an inverted head and shoulders which would be very bullish. Price target I think would be around 1960 which is the 0.786 fib retracement of the recent high to low swing.
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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.