While internally we are printing bear trends, I think we might be accumulating for further upward momentum. The potential "long" levels I gave earlier were if bearish scenarios (66449.9 : 65415.9 : 64125.9 : 63178.8) if you plan on start building a position towards the next bull run, however, if this was an accumulation for the bullish breakout, here is how you would know.
At 67301.8, if we close above with a high volume and high momentum candle, we might be going for the next major BOS. Make sure you have a game plan for both potential situation.
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.