We broke out of a 2 month plus resistance of 39.5k, look for entries at 3.3k or 3.5k and watch for break above 4.3, 4.5,4.7 and 5k with 6k as start of a stop loss at 5.3k but if/when 6k breaks and holds look at 7.8k as your next PT. Overall daily looks strong and bait is set at possible entries with tight stop loss.
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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.