As we announced in our previous commantary if price stays above the key level of $2748-50 support area the next target could be $2790 or even record highs.
what scanarios do we have?
As Market breaks the previous low and consolidat above the support area, which gives the buyying indication towards 2800 ATH.
On the other hand, market has to respect the previous support 2763 which didn't retest yet although market still on bulls hands.
what scanarios do we have?
As Market breaks the previous low and consolidat above the support area, which gives the buyying indication towards 2800 ATH.
On the other hand, market has to respect the previous support 2763 which didn't retest yet although market still on bulls hands.
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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.