On the daily chart there is clearly a series of higher highs and higher lows. Provided that todays close doesn't penetrate the previous low just above 6400 I would be looking to establish a long position with a target of at least 50% of the channel drawn, but long term target would be 6900 if it completes
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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.