I’ve analyzed the 4-hour timeframe alongside the weekly and daily charts. Based on the resistance levels, I believe 3085 is the maximum target for this upward move. After that, I expect a price drop toward 2760. For now, this is my outlook, and I’ll update my analysis once these waves play out.
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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.