Main downtrend was broken yesterday.
Market started with breakaway UP gap => indicator of bullish power.
Better to wait confirmation/ At least +2 days for forming 3-rd bottom.
Look for bullish patterns between 68 and breakaway gap. Buy with target zone 70-71.8. Stop under breakaway gap
Market started with breakaway UP gap => indicator of bullish power.
Better to wait confirmation/ At least +2 days for forming 3-rd bottom.
Look for bullish patterns between 68 and breakaway gap. Buy with target zone 70-71.8. Stop under breakaway gap
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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.
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.