Honestly, this should be the beginning of Bullrun
Highlighted some circles which were accumulations and also a test of strong supports
the last one respected the trend line and didn't break it... so I expect a bull run from here first to the resistance of the trend line and the breaks it
The funny thing is the trend line resistance and the main resistance at 27500. That breaks and we kick off to 31k
remember weekly close is important here also as 26k might be retested
Highlighted some circles which were accumulations and also a test of strong supports
the last one respected the trend line and didn't break it... so I expect a bull run from here first to the resistance of the trend line and the breaks it
The funny thing is the trend line resistance and the main resistance at 27500. That breaks and we kick off to 31k
remember weekly close is important here also as 26k might be retested
Note
A bit of retest happened which I feel is good, with a strong bounce off the supportso we can look for an entry here
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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.