Opportunity to buy at the fib 0.618 retrace in the 10500...10000 area. Targets are at 13000 and higher. There is some risk to drop below 9000 - the sign of this will be retrace down to 9800. Be careful.
Note
Good sign: bounced from 10050.
Note
Gooood. Buy at the retrace in the area 11000...10400
Note
Done. Now need to overcome resistances:
Note
Hard move up... Below 11000 - risk of the retrace to 10500 area.
Note
Done. A return to 11,000+ or fall below 10000 is still possible.
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.