Breaking through the long-term downward trend line, the market outlook has huge room for growth.
There is room for adjustment, but it is not very large, unless it breaks below 65, 65~61.5 is still the main support area at present.
If it can reach near or below 60 in the future, it will be a very good investment opportunity.
Note
It looks like there is a double top bearish pattern,but there is a potential bullish pattern in the 65~61.5 zone.
Note
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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.