I have marked key points of interest with two phases of bullish & bearish potential outcomes. No fancy TA, just intuition based off of the previous price action.
Bullish Scenario Breaking above the green trend line we can anticipate a bullish continuation of the micro trend Micro target 7700-7900 Macro target (if resistance is broken): 8300-8500
Bearish Scenario Breaking below the 6500 mark we can anticipate a bearing continuation of the macro trend Micro Target: 5700-5900. Macro target (if support is broken): 4900-5000
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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.