Looking at the weekly chart. If the price manages to break above the current resistance around 109k, we could see the next leg up all the way to the major resistance of the trend which is around 180k.
Close below 85-86k is dangerous. So we continue to asses the chart as it goes along.
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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.