Target from last week's analysis hit today after a perfect entry at 13760. The area highlighted in red is an important resistance level (14070-14080) as price failed to break it between the 16th - 29th of April this year. A look at the Daily chart shows a potential double top, If price fails to break this level then we may see bears gain control for a possible sell-off. A break above validates 14200 as a possible target. Let's see where the market wants to go this week
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.