As you see on the chart, and based on Retracement fibo, 1886 price is an important resistance. Couple days ago the price tried to break that R level, but it couldn't.
Base line and conversion line are above the cloud on Ichimoko indicator which is a confirmation for bullish market on 4H timeframe.
As you see on the chart, target points and stop loss for midterm are: TP1: 1886 TP2: 2048 TP3: 2150
SL: 1750
Trade Safe I'll be appreciate if you write down your opinions here, Also please follow my account Good luck
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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.