11520 the shoulder line of a head and shoulders pattern which is now complex. If the price stays below it, the target is the top of the secular trend (blue). A breakout up past 11520 would clear the price to launch towards the top of the short term uptrend (dotted black).
Trade closed: target reached
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.
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.