A break of the ascending trend line will warrant short to the downside target highlighted (127.512) HOWEVER If price manages to hold above the trend line we could see longs to the upper bound of the channel (130.500) - if we break the channel the upside target highlighted could be achieved (131.992).
For more detailed information on how we identify trade set ups and how you can take advantage of the markets like us at EZinvesting feel free to message! Follow us for updates on future trades!
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.